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Sorainen Advises Milrem Robotics on Funding

Sorainen Advises Milrem Robotics on Funding

Estonia
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Sorainen has advised the Estonian technology company Milrem Robotics on raising EUR 5.5 million from a number of prominent Estonian investors.

“Juri Kao, Peeter Mand, Heldur Meerits, Taavi Veskimagi, Gunnar Kraft, Toomas Bergmann, Urmas Past, and Juhan Kolk, as well as Ahti and Alari Aho, in addition to several key employees invested in the company,” Sorainen reports. “The majority shareholder of the company is Sinrob, which belongs to CEO Kuldar Vaars.”

Sorainen’s team included Partner Piret Jesse and Associate Robin Teever.

Sorainen did not reply to our inquiry on the matter.