28
Sun, Apr
27 New Articles

Cobalt Advises SmartCap on Launch of Greentech Investment Program

Cobalt Advises SmartCap on Launch of Greentech Investment Program

Estonia
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Cobalt has advised SmartCap on the launch of its Greentech Investment Program focusing on investments in green technology companies. 

SmartCap is a small fund manager founded in 2011 that aims to develop the Estonian venture capital market and enable Estonian companies to grow.

According to Cobalt, “SmartCap aims to invest, through its new Green Fund, up to EUR 20 million in green technology companies. On October 31, 2022, SmartCap published the Greentech Investment Program terms under which early-stage green technology companies established and operating in Estonia can apply for direct investments.”

According to SmartCap Board Member and Fund Manager Sille Pettai, the aim of the Green Fund is to increase the supply of venture capital to innovative green technology companies.

Cobalt’s team included Partner Kristel Raidla-Talur and Specialist Counsel Greete-Kristiine Kuru.

Cobalt at a Glance

COBALT is a closely integrated alliance of top-tier law offices across the Baltics, uniting more than 250 attorneys and support staff. During 25 years of experience, we have become a strategic partner to our clients in handling both daily matters and complex large–scale transactions and disputes.

The firm’s broad spectrum of expertise and established position as the market leader gives a comprehensive basis for providing full-service business law advice.

Top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups are among our clients. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 7 times receiving Chambers Europe, IFLR, The Lawyer and Mergermarket awards, and we are regularly listed amongst the top-performing M&A legal advisors in the Bloomberg, Refinitiv and Mergermarket deal tables. Recognized as the No.1 Lithuanian law firm in the Prospera Law Firm Review 2021 and No. 1 law firm in Latvia in 2022, 2020, 2019, and 2018 client satisfaction surveys. We were recognized as a Baltic-wide Law Firm of the Year at the 2022 Chambers Europe Awards ceremony and named the Baltic States Tax Firm of the Year and Pro Bono Firm of the Year at the annual ITR EMEA Tax Awards 2021 ceremony. 

More information on COBALT can be found at www.cobalt.legal.