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Publicis Groupe acquires e-commerce software company Profitero
Sorainen advised Publicis Groupe S.A., the third largest communications group in the world, on the acquisition of e-commerce software company Profitero, which assists brands with their sales performance and profitability on 700 retail websites across the world. This acquisition will help Publicis’s clients to improve their sales and increase their market share. The value of […]
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Elcogen receives EUR 24 million investment from HydrogenOne
We advised HydrogenOne on its EUR 24 million investment in Elcogen, the European manufacturer of clean energy technology. The fuel of the future Elcogen supplies the core technology that sits at the heart of energy security and transition away from fossil fuels. This investment will allow Elcogen to significantly drive forward its plans, strategy, and […]
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Lithuanian startup kevin. attracts USD 65 million investment
We advised venture capital firm Global PayTech Ventures on investing in the Lithuanian payment startup kevin. In the Series A funding round to bring account-to-account payments to existing POS payment terminals, the company raised USD 65 million. This is one of the largest A-round investments in a Lithuanian startup. This is the second time when […]
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Reiterate raises EUR 1.25 million
We advised Reiterate, the Tallinn-based startup aiming to automate cost and revenue intelligence for transactional businesses, on raising EUR 1.25 million. Wide interest from major market players The investment round was one of the biggest pre-seed rounds in Estonia and was led by Hummingbird Ventures. The round also included a number of notable private investors, […]
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American in-location experience management leader Raydiant establishes the largest office outside US in Lithuania
We advised a leading digital signage and in-location experience platform for brick-and-mortar, Raydiant, on the opening of a new office in Vilnius, Lithuania. The new office will be their second largest location after their San Francisco headquarters. Raydiant plans to onboard 70 new team members this year in their new Lithuania location, and increase that […]