Cobalt has advised Northzone on its investment in technology start-up Katana. New investors Northzone and Lightrock and existing investors Atomico and 42CAP participated in the USD 35 million series B round.

Cobalt has advised the Nordic Secondary Fund II on investing in Estonian start-up Eurora Solutions.

Cobalt has advised venture capital fund Change Ventures on leading a EUR 2 million seed round into Estonia-based green tech start-up Cloud Factory.

Cobalt has advised the BaltCap Private Equity Fund III on the acquisition of Rahva Raamat. Ellex advised Rahva Raamat.

Sorainen has advised Sunly on raising approximately EUR 200 million to expand its renewable energy portfolio in the Baltics and Poland. The fundraising included existing shareholders and new investor Mirova. Ellex and Linklaters advised Mirova on the investment.

Sorainen, working with the UK's Lee & Thompson, has advised Head Gear Films on the financing of the Burial movie in Estonia, including securing eligibility for the local film cash-rebate scheme.

Sorainen, working with lead counsel Clifford Chance, has advised joint lead managers Citibank, Goldman Sachs, and Societe Generale on the EUR 1 billion issuance of ten-year government bonds by the Republic of Estonia. Ellex and, reportedly, Freshfields Bruckhaus Deringer advised the Republic of Estonia.

Sorainen has advised Riigi Kinnisvara on a public procurement procedure for the purchase of electricity produced from renewable sources.

Sorainen has advised Hobevara on its acquisition of a 90% stake in Shnelli Arimaja from Arealis Holding.

Sorainen has advised Estonian ready-mix concrete producer Betoonimeister on the sale of a majority stake to German building materials group Schwenk.

TGS Baltic has successfully represented KredEx before Estonia’s Supreme Court in a dispute regarding COVID-19 pandemic-related extraordinary loans.

Cobalt has advised 3Commas on its USD 37 million Series B funding round led by Target Global and including Alameda Research, Jump Capital, and Dmitry Tokarev.

PwC Legal has advised Arbonics on launching a technology-based platform for carbon systems and ecosystems that aims to simplify and facilitate the functioning of the voluntary carbon market. The service includes drafting commercial contracts. 

Andersen Global has entered into a collaboration agreement for the Baltic region with Lextal Legal, adding three locations to its existing network: Lextal in Estonia, RER Lextal in Latvia, and iLaw Lextal in Lithuania.

Ellex has advised Bigbank on its EUR 20 million issuance of subordinated bonds.

Mari Manniko has joined PwC Legal in Estonia as Head of Data Protection and Media Disputes.

Sorainen has advised Estonia's Fontes Palgakonsultatsioonid on its acquisition of the remuneration system development and remuneration survey business in Latvia and Lithuania from Fontes Vadibas Konsultacijas.

Ellex has advised Toi Toi & Dixi Handels und Verwaltungs on the acquisition of portable toilet rental company Kemmerling.