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Sunly raised EUR 60 million in equity funding from current investors
We advised Sunly, a renewable energy producer, on raising EUR 60 million from existing shareholders, including the European Bank for Reconstruction and Development (EBRD), Mirova, and Vardar. This funding follows Sunly’s 300 million EUR debt financing round in August 2024. One of the shareholders, Grzegorz Zielinski, EBRD’s Head of Energy Europe, commented on EBRD’s support […]
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A successful investment round supports tripling the customer base
We advised the Lithuanian venture capital firm Practica Capital on leading an investment round worth EUR 3 million for the Estonian startup Qminder. For Qminder, this was the first case of institutional support, while for Practica Capital, it marked its first investment in Estonia from its latest fund. Renowned technology investors in the funding round […]
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Successful investment round for Estonian AI startup
We advised Estonian startup company Miros on raising EUR 6 million. The investment round was led by the venture capital arm of the European Bank for Reconstruction and Development (EBRD), EBRD Venture Capital and Tera Ventures. Miros develops AI-based visual search platform software and licenses it to e-commerce platforms. The investment will be used to […]
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Sunly raises EUR 300 million to expand its production capacity
We advised Sunly, a renewable energy producer, on raising EUR 300 million from Scandinavian and French investors for the construction of solar, wind, storage, and hybrid parks with a total capacity of 1.3 GW. The investment will be used to build large-scale hybrid parks in the Baltics and Poland, contributing to the availability of renewable […]
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Level Up Entertainment acquired a stake in the Estonian iGaming company Sisu Tech
We advised the Malta-based gambling industry investment firm Level Up Entertainment on acquiring an undisclosed stake in the Estonian iGaming company Sisu Tech. The consideration was EUR 9 million. The funding round, which successfully raised EUR 14 million for product development, was led by Level Up Entertainment, whose substantial investment of EUR 9 million strongly […]