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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 […]
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Defence startup Luna Robotics attracts EUR 1 million investment
We advised the Lithuanian defence technology startup Luna Robotics, which develops tactical FPV drone cameras, on attracting EUR 1 million investment. The main investors in this round were the venture capital fund manager Coinvest Capital, the US startup accelerator Plug & Play, and business angels from Latvia’s LatBAN and Lithuania’s NGL. The startup plans to […]
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Strategic IP infrastructure for NATO-recognised defence tech startup
As part of last year’s Shared Mission initiative, our team advised BROSWARM, an innovative defence technology startup recognised by NATO for its cutting-edge solutions for remotely detecting and neutralising mines. As the company prepared for international expansion and strategic partnerships, we were engaged to develop a comprehensive and future-proof intellectual property (IP) framework. We developed […]
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Alchemy acquires Solana developer DexterLab
We advised Alchemy, a leading global Web3 development platform, on the acquisition of DexterLab, an infrastructure developer specialising in solutions built on the Solana blockchain. DexterLab focuses on developing analytics and tooling that help decentralised application developers work more efficiently within the Solana ecosystem. The acquisition will enable Alchemy to further expand its services for […]
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Rheinmetall, EPSO-G Invest and Giraitės ginkluotės gamykla enter into strategic partnership
We advised Giraitės ginkluotės gamykla, the largest military and civilian ammunition manufacturer in the Baltics, on entering into partnership with the German defence technology company Rheinmetall, the Lithuanian energy transmission and exchange group EPSO, and the state-owned company Valstybės investicinis kapitalas (State Investment Capital). A shareholders’ agreement was concluded to regulate the acquisition of shares […]