TGS Baltic and Bryan Cave Leighton Paisner have advised the Mubadala Investment Company on investment in MEL Science — part of the latter's USD 14 million Series B funding round.
MEL Science provides science kits that combine hands-on experiments with interactive science simulations by using virtual reality technology. The company's products are designed for children and intended to be used as teaching aids in schools or by parents.
Mubadala Investment Company is an Emirati state-owned sovereign wealth fund that was established in January 2017.
TGS Baltic's Estonian team included Partner Kadri Kallas, Senior Associate Sergei Jegorov, and Junior Counsel Mirko Kikkamagi.
BCLP’s team consisted of, in Moscow, Partner Anton Panchenkov, Counsels Alexey Koshelev, Alexander Muravin, and Anton Nefedev, Senior Associate Anastasia Kudryashova, Associate Director Nadezhda Ilyushina, Associates Ruslan Nurullaev, Valentina Mikhaylova, and Vladislav Li, and Junior Associate Irina Vitushinskaya; in London, Partner Ian Ivory, Senior Associates Daniel Bell and Ash von Schwan, Associate Director Mimi Curran, and Associate Alisa Sasko; and in Boulder, the US, Associates Scott Perlov and Stephanie Drumm.
TGS Baltic could not provide any further information about the deal.