Sorainen has advised Japanese trading and investment business conglomerate Marubeni on an unspecified investment in Estonian energy storage technology developer Skeleton Technologies.
According to Sorainen, through the investment, Marubeni will “leverage its global marketing capabilities to carry out the sales of Skeleton’s ultra-capacitors in Japan and other Asian countries and will develop the applications of its next generation products utilizing its relationship with existing clients in various industries.”
Skeleton Technologies develops and manufactures ultra-capacitors used as energy storage devices in various industries. The company operates research and development facilities in Estonia and Germany and a manufacturing facility in Germany.
Sorainen’s Estonian team included Partner Toomas Prangli, Senior Associate Robin Teever, and Associate Mirell Prosa. The firm declared itself unable to disclose further information about the deal.