-
Pro bono legal support for the growth of Ascent Lumina
In last year’s Shared Mission project, we provided pro bono legal assistance to the Latvian company Ascent Lumina. About Ascent Lumina Ascent Lumina develops advanced artificial intelligence (AI) solutions for unmanned and autonomous vehicles, with a strong focus on real-time AI perception systems capable of operating in complex operational environments. Its services include the development, […]
-
Activate Capital invests in Aerones
We assisted Activate Capital in relation to its investment in Aerones, a provider of robotic inspection, maintenance and AI-driven solutions for wind turbines based in Riga, Latvia. About the case Aerones has just raised 62 million USD in an investment round led by Activate Capital and S2G Investments, with participation from Carbon Equity and Overlap Holdings, […]
-
Change Ventures invests in EngyCELL
We are pleased to have supported Change Ventures with their investment in EngyCELL, a Latvian-based provider of personalised energy storage solutions. About the case EngyCELL offers personalised energy storage solutions that help users reduce energy costs, gain energy independence and participate in the energy market. Change Ventures, a leading Baltic venture capital fund, has invested […]
-
Submerge manufactures underwater dual-use drones
In last year’s Shared Mission project, we provided pro bono legal assistance to Submerge, a manufacturer of underwater drones. About Submerge Submerge has developed a dual-use underwater drone which can complete search and monitoring operations in conditions matching Latvia’s climate and obtain various types of data and information on the water ecosystem in real time. […]
-
Inter IKEA Group completes acquisition of the IKEA retail business in the Baltics
We advised Inter IKEA Group on its acquisition of the IKEA retail business in the Baltics. The purchase included three full-size IKEA stores, five additional smaller customer meeting points, the business’s e-commerce platform, and the Digital Retail Development company. Currently, the IKEA retail operations in the Baltics employ 1,450 co-workers, and 6.6 million people visited IKEA stores […]