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News
In Bloomberg’s latest rankings of Eastern European M&A deal advisors, Sorainen holds the first position among Baltic and Belarusian law firms by volume of deals advised, and the second overall place by deal count. Sorainen advised announced deals with a total volume of USD 1.7 billion and was one of the three law firms to […]
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We advised Lithuanian venture capital fund Open Circle Capital on investing in community marketing platform Billo. In the seed funding round, the company raised EUR 2 million. Among other investors in the company in this round was venture capital fund Practica Capital, as well as angel investors who have themselves developed successful startups – Mantas […]
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Publication / Yuliya Sushchanka, Tatsiana Zubarava
When classifying information as a trade secret, even seemingly insignificant errors may cause the information to become unprotected. If a foreign company’s local office fails to ensure commercially valuable information is classified as a trade secret, this can cause damage to the foreign company itself (as the local office’s employees and contractors might be able […]
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We advised Aurelia, a financial automation platform, on raising USD 3 million in seed funding led by Blossom Capital. IFTTT for finance Founded in April by a team of engineers and developers formerly of Wise and JP Morgan, Aurelia has been designed to help relieve the financial admin burden faced by small businesses across Europe. […]
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We advised venture capital firm Elephant VC on investing in Lithuanian startup PVcase, a developer of software for solar power plants. In the series A round the startup raised EUR 20 million. Venture capital funds Practica Capital and Contrarian Ventures, which had previously invested in the company, also participated in this round of funding. The […]