Cobalt has advised BayWa r.e. Energy Ventures and EdgeCap Partners on leading the EUR 6.45 million investment round into Roofit.Solar.
According to Cobalt, “Roofit.Solar is an Estonian start-up that produces solar-panel-integrated roof solutions that enable the production of electricity without changing the appearance of the buildings. Fast-growing Roofit.Solar will use the financing to increase production capabilities, invest in product development, and expand into foreign markets.”
BayWa r.e. Energy Ventures is an independent venture capital unit of the BayWa Group, a Munich-based company that operates in 14 countries in the agriculture, building materials, and energy sectors.
EdgeCap Partners is an Estonian private equity and venture capital investment firm.
Cobalt’s team included Partner Kristel Raidla-Talur, Specialist Counsel Greete-Kristiine Kuru, and Associate Johanna Lumiste.
Cobalt did not respond to our inquiry on the matter.
