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Cobalt Advises Karma Ventures on Leading the Series A for Patchstack

Estonia
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Cobalt has advised Karma Ventures on leading the USD 5 million series A investment round for Estonian cybersecurity startup Patchstack which also saw the participation of G+D Ventures and Emilia Capital. Triniti reportedly advised Patchstack.

Karma Ventures is a venture capital fund specializing in late-stage seed and A-round investments,

Patchstack is an Estonian-based cybersecurity company that enables digital agencies and web developers to monitor and protect websites and applications from third-party code vulnerabilities. 

G+D Ventures is a German investor.

Emilia Capital is the investment firm of Yoast founders Marieke van de Rakt and Joost de Valk.

The Cobalt team included Managing Associate Greete-Kristiine Kuru and Assistant Lawyer Paul Schifrin.

Editor's Note: After this article was published, Ellex announced that it advised Giesecke+Devrient Ventures on its participation. The firm's team included Partner Antti Perli.