-
We are advising Barclays Group Operations Lithuania on the transfer of Rise Vilnius startup hub to Swedbank. At the moment startup hub has 64 members and covers 34 companies. Rise Vilnius hub and its community After opening in summer 2016, startups based at Rise Vilnius hub were consulted by global mentors. In addition, hackathons were […]
-
Sorainen assisted Los Angeles and Tallinn based technology startup Brainbase in announcing a USD 1 million seed round. The round was led by Tera Ventures, with participation from Sterling Road and several angel investors. Funds obtained will be used to continue developing the company’s debut product, Brainbase Assist, a tool for brands and licensees to […]
-
Deals & Cases / Maksim Salahub, Viktoryia Mikhnevich
The Russian-Belarusian Venture Capital Fund (RBF Ventures), formed as an investment partnership by the Belarusian Innovation Fund (Belinfond), RVC and RVC Infrafund, acquired a minority stake in Belarusian innovation company Data Delivery LLC, developing a platform for managing online business ‒ RocketData.io. Six business angels co-invested in the company, along with Belarusian media-portal TUT.by, which […]
-
Sorainen advised SBA, one of the largest business groups in Lithuania, on investing in startup Millo Appliances, creator of a smart blender. This was the group’s first investment in the startup sector. Along with SBA, Co-investment Fund II also invested in Millo Appliances. The fund was established by Investicijø ir Verslo Garantijos (Investment and Business […]
-
Sorainen Estonia advised Taxify, an Estonian startup that competes with Uber across Europe and Africa, on closing USD 175 million in a new funding round that takes its valuation to the USD 1 billion mark. The round was led by German automotive giant Daimler. The investment also featured participation from new backers in the shape […]
