On January 18, 2021, CEE Legal Matters reported that Cobalt had advised Practica Capital on its investment in Lithuanian start-up Biomatter Designs – part of the latter's EUR 500,000 investment round. CEEIHM spoke with Donatas Keras, Co-Founding Partner at Practica Capital to learn more about the matter.
Deal 5: Former Raunistal Owners Regiina Pihlak and Raivo Pihlak on Sale to Enefit Green
On March 8, 2021, CEE Legal Matters reported that Lextal had advised the owners of Raunistal on the sale of 100% of their shares to Estonian state owned renewable energy company Enefit Green. CEE In-House Matters spoke with the two former owners, Regiina Pihlak and Raivo Pihlak, to learn more about the sale.
The In-house Buzz: Interview with Maido Lillemets of BaltCap in Estonia
Maido Lillemets, Legal and Compliance Manager at BaltCap in Estonia, reports that the three-pillar pension system in his country has been shaken by the recent legislative move from a mandatory to a voluntary approach to contributions into pension funds. This change, Lillemets reports, has cost the pension funds EUR 850 million already and the eventual cost may exceed EUR 1 billion.
Deal 5: Kristel Leif on Solaride's Solar-Powered Car Project in Estonia
On November 18, 2020, CEE Legal Matters reported that Hedman Partners had agreed to serve as legal advisor to Solaride on its project to build a solar-powered car in Estonia. CEEIHM spoke with Kristel Leif, Chief Executive Officer at Solaride, to learn more about the matter.
Deal 5: Warren.io's Tarmo Tael on USD 1.4 Million Seed-Round Investment
On November 10, 2020, CEE Legal Matters reported that Cobalt had advised Passion Capital on its USD 1.4 million seed-round investment into Warren.io. CEEIHM spoke with Tarmo Tael, Co-Founder & CEO at Warren.io, to learn more about the deal.
Deal 5: Rasmus Oisma, Director at Montonio on Funds Raising
On August 3, 2020, CEE Legal Matters reported that Sorainen had advised Montonio on its generation of EUR 500,000 from both Estonian and international investors. CEEIHM spoke with Rasmus Oisma, Director at Montonio Finance, to learn more about the matter.
Deal 5: Sunly City's Marek Sakk on Developing New Renewable Energy Model in Estonia
On September 14, 2020, CEE Legal Matters reported that Sorainen had advised Sunly City on the implementation of a new business model for electricity consumers and on the development and drafting of customer contracts for solar energy solutions. CEEIHM spoke with Marek Sakk, Project Manager at Sunly City, to learn more.