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EU Taxonomy in practice: assessing 70 economic activities
We advised the Green Finance Institute of the national development bank ILTE on assessing the compliance of 70 different economic activities with the EU Taxonomy Regulation and its related legislative requirements. The analysis covered a wide range of sectors, including energy (such as electricity generation, storage, and hydrogen production), manufacturing (including packaging), construction and real […]
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Lithuanian startup Outcraft AI attracts EUR 2 million investment
We advised the Lithuanian-founded startup Outcraft AI, developing an agentic artificial intelligence (AI) platform that automates part of the sales function. The startup secured a EUR 2 million investment, which it plans to use for product development, expanding its customer base, and hiring new employees. The round was led by Lithuanian venture capital fund manager […]
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Danish fund ETNA Capital acquires a controlling stake in Brolis Defence Group
We are advising the Danish private equity fund ETNA Capital on the acquisition of a controlling stake in UAB Brolis Defence Group, a Lithuania-based developer of electro-optical systems for military and security purposes. This marks the largest private equity investment in the defence sector in the Baltic States to date and the first investment of ETNA […]