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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 […]
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Publication / Oona Elina Katariina Tuomi
Data protection European Artificial Intelligence Act comes into force Entered into force: 1 August 2024 On August 1 the European Artificial Intelligence Act (AI Act), the world’s first comprehensive regulation on artificial intelligence, entered into force. The AI Act ensures that AI developed and used in the EU is trustworthy, with safeguards to protect people’s […]
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We advised Haut.AI on data protection and contractual matters, as well as in negotiations with a global consumer goods company whose products are used by over 1 billion customers daily. AI-powered image analysis can revolutionize skincare commerce Estonian based Haut.AI provides a B2B SaaS product that automates the collection of high-quality skin data, conducts a […]
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We advise the German artificial intelligence defence technology company Helsing on establishing its Estonian subsidiary and investments in Estonia. As part of its expansion, Helsing will invest EUR 70 million in its Estonian branch over the next three years. Investments strengthen Estonia’s defence capability and the economy According to Helsing, establishing the company Helsing Estonia […]
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We advised shareholders of Stebby on the sale of Stebby’s majority shareholding to French rewards and benefits leader Up Group. As part of the transaction, the previous majority owner of Stebby, Livonia Partners, has exited. The management team will continue to run the company together with the new partner, enabling it to expand its presence […]