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  • CGTrader raises USD 9.5 million in funding

    Deals & Cases / Vytautas Sabalys, Mantas Petkevičius, Indrė Ščeponienė

    We advised CGTrader, a Lithuanian company operating a three-dimensional (3D) model trading platform, in attracting USD 9.5 million in investment. One of the investors in the company is Mikael Hed, the former CEO of Rovio, the company that created Angry Birds. He has also become Chairman of the Board of CGTrader. The main investor in […]

  • Open Circle Capital invests in Monimoto

    Deals & Cases / Vytautas Sabalys

    We advised Open Circle Capital on investing in Monimoto – a company developing a smart tracker for motorcycles. Monimoto has successfully secured EUR 400,000 during its crowdfunding campaign and from a follow-up investment by venture capital funds Open Circle Capital and Iron Wolf Capital. In total it attracted funding from 392 investors. With the funding […]

  • Bitė completes acquisition of Mezon

    Deals & Cases / Laimonas Skibarka, Daivis Švirinas, Saulė Dagilytė, Stasys Drazdauskas, Jonas Kiauleikis, Vytautas Sabalys, Monika Mališauskaitė-Vaupšienė, Rasa Mikutienė, Dobilė Minkutė, Paulius Mockevičius

    We advised telecommunications company Bitė throughout the Mezon acquisition deal. The acquisition was completed at the end of December in 2020, after Competition Council and the Communications Regulatory Authority granted their approval, and after Bitė made certain commitments. UAB Mezon, a subsidiary of Bitė Lietuva, acquired the business operating under the Mezon brand from the […]

  • Teachers Lead Tech attracts investment from CoInvest Capital and well-known angel investors

    Deals & Cases / Vytautas Sabalys

    We advised startup Teachers Lead Tech on attracting investment from venture capital fund CoInvest Capital and angel investors. The Lithuanian start-up is developing a technological literacy and creativity learning platform for primary school teachers. The startup team consists of twelve education and technology professionals. A large team of mentors and lecturers from various technology companies […]

  • Lithuanian startup Emotika attracts EUR 100,000 investment

    Deals & Cases / Algirdas Pekšys, Vytautas Sabalys, Jurgita Tekorienė

    We advised the founders of Emotika on attracting a EUR 100,000 investment from a US investor. Emotika is a Lithuanian startup developing an e-training ecosystem created by experts for the development of soft skills. The investment was made in two phases implemented upon achieving certain milestones. After completion of both phases, the investor now owns […]

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