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Desktop Commander raises EUR 1.1 million in pre-seed funding for artificial intelligence tool development
We advised Desktop Commander, a start-up which has created an artificial intelligence tool, in raising EUR 1.1 million in pre-seed funding to facilitate product development and process automation. Funding was attracted from venture capital funds 42CAP and BADideas.fund. About the artificial intelligence tool created by Desktop Commander Desktop Commander has developed the open source Desktop […]
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First global initiative dedicated to harnessing the power of AI for justice
We carried out pro bono research for the Clooney Foundation for Justice (CFJ). The organisation, founded by Amal and George Clooney, is dedicated to advancing justice globally by providing free legal aid to defend free speech and protect women’s rights in over 40 countries. Through its initiatives, CFJ has helped secure the release of more […]
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Strategic divestiture of fuelling and mobility services across eight countries
We advised a US-based industrial manufacturing company, Vontier, on the divestiture to TSG of the service operations of its portfolio company, Gilbarco Veeder-Root, across eight countries. The divestiture includes service operations in the UK, Finland, Denmark, Norway, Estonia, Sweden, Latvia and Lithuania. Bringing together the strengths of both companies By combining Gilbarco Veeder-Root’s trusted customer […]
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Ignitis Group secures EUR 318 million financing for the biggest wind farm in the Baltics
We advised entities of Ignitis Group on signing the project financing agreements and securing EUR 318 million in funding for the 314 MW Kelmė Wind Farm. This is the largest project of its kind in the Baltic States, controlled by Ignitis Renewables, a subsidiary of Ignitis Group. The loan agreements were concluded between Vėjas LT […]
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Södra divests forest holding companies in Latvia and Estonia
Sorainen advised Södra Skogsägarna ekonomisk förening, an association of Swedish forest owners, on the divestment of its forest holding companies in Latvia and Estonia – totalling approximately 153,000 hectares of land – to Ingka Investments, the investment arm of Ingka Group (the largest IKEA retailer), a transaction worth EUR 720 million. This transaction represents the […]