Eversheds Sutherland’s teams in Estonia and the US advised Click & Grow, the producer of smart indoor gardens, in the closing of a financing round through which the company raised over USD 11 million.
The principal investor in the financing round was Ingka Group, which operates IKEA stores, followed by: SEB Alliance (the corporate venture arm of French Groupe SEB), the US seed accelerator Y Combinator, Yunqi VC (a venture capital firm from China) and United Angels VC, a venture capital fund based in Estonia.
According to Eversheds Sutherland, "the largest market of the smart garden producer Click & Grow is in the US, followed by the EU and Singapore. Today the company is selling its third-generation smart gardens."
The Eversheds Sutherland team included Managing Partner Maivi Ots and Legal Counsel Marten Amjarv.