Ellex has advised Specialist VC and Superangel on their investment in technology company Value.Space, with Linnar Viik and Latvia's BADideas.fund also participating in the EUR 2.1 million round.
Value.Space is a technology company that uses satellites to conduct assessments for commercial properties and infrastructure aiming to improve risk assessment, deformation identification, and disaster prevention. The company operates in Estonia and the UK.
According to Ellex, "to date, more than 3,500 risk profiles have been created for customers in 70 different countries around the world."
The Ellex team included Partner Antti Perli, Counsel Rudy Rimal, and Senior Associates Merlin Liis-Toomela and Hanna Pahk.
Ellex could not provide further information on the deal.