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Cobalt Advises Mangrove Capital Partners on Investing in Flo App

Cobalt Advises Mangrove Capital Partners on Investing in Flo App

Belarus
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Cobalt has advised Mangrove Capital Partners on its investment in mobile app Flo, a pregnancy calculator, ovulation calendar, and menstrual cycle tracker.

Mangrove Capital describes itself as "a contrarian, bold but patient venture capital firm helping innovative entrepreneurs start and grow global, disruptive companies," and it says that "we chase transformational ideas around the world, with a focus on Greater Europe."

Cobalt’s role was to conduct legal due diligence on the Belarusian developer of the mobile app, as well as to develop assurances and guarantees for the parties.

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