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Advising SEB on the cross-border merger of its Baltic banks
We are advising SEB on the cross-border merger of its existing Baltic banks. It will be carried out by a side-step merger, whereby the Latvian and Lithuanian banks will be merged into the Estonian bank. Following this, the Estonian bank will operate in Latvia and Lithuania through branches established during the merger. Strengthening SEB’s financing […]
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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 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, […]
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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, […]
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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 […]