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Latvijas Banka grants Noah LV MiCAR and Payment Institution licences
We advised Noah LV on obtaining a CASP (MiCAR) licence and a PI licence in Latvia, supporting the client through a dual authorisation process for its planned crypto-asset and payment services activities. The engagement covered the preparation for pre-licensing stage, coordination and finalisation of both licensing packages, as well as the broader regulatory readiness work […]
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Advising Sunly on the largest battery storage deal across the Baltics
We advised Sunly on preparing and negotiating EPC contracts for the construction of Estonia and Latvia’s largest battery energy storage systems. The project forms part of broader cooperation between Sunly and Rolls-Royce across the Baltic States, which includes five utility-scale battery energy storage systems in Latvia and Estonia, with a combined capacity of nearly 800 […]
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Delfi acquires training company BDA
Sorainen advised Delfi, Latvia’s leading digital media company, on the acquisition of the the training company Baltijas Datoru Akadēmija (BDA). BDA is a subsidiary of Tet and one of the largest training centres in the Baltics. This move marks Delfi’s transformation from a traditional news media outlet into a comprehensive digital knowledge and services ecosystem. […]
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Pro bono support for Global Wolf Motors to protect the intellectual property of the Mosphera brand
As part of last year’s Shared Mission project, we provided pro bono legal assistance to the electric vehicle manufacturer Global Wolf Motors. About Global Wolf Motors Global Wolf Motors is a Latvian company specialising in the development and production of innovative electric vehicle solutions for both civilian and military applications. The company’s flagship trademark, Mosphera, […]
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Desktop Commander raises EUR 1.1 million in pre-seed funding for artificial intelligence tool development
We advised SIA Desktop Commander, a start-up which has created an artificial intelligence tool, as it raised EUR 1.1 million in pre-seed funding to facilitate product development and process automation. The funding was attracted from the venture capital funds 42CAP and BADideas.fund. About the artificial intelligence tool created by Desktop Commander Desktop Commander has developed […]