On January 18, 2021, CEE Legal Matters reported that Cobalt had advised Practica Capital on its investment in Lithuanian start-up Biomatter Designs – part of the latter's EUR 500,000 investment round. CEEIHM spoke with Donatas Keras, Co-Founding Partner at Practica Capital to learn more about the matter.
On March 26, 2021, CEE Legal Matters reported that Motieka & Audzevicius, working with Orrick, Herrington & Sutcliffe, had advised Lithuanian start-up Turing College on its relocation to the United States in order to participate in Silicon Valley accelerator Y Combinator. CEE In-House Matters spoke with Benas Sidlauskas, Co-founder & CBDO at Turing College, to learn more about the matter.
Orrick, working with the Lithuanian office of Cobalt, has advised Interactio, a Lithuania-based remote interpretation platform, on its recent USD 30 million Series A funding round, which was co-led by Eight Roads Ventures and Storm Ventures included Notion Capital and Practica Capital and angel investors such as Jaan Tallinn, the co-founder of Skype, and Young Sohn, ex-chief strategy officer of Samsung. Withersworldwide advised the investors.
On April 7, 2021, CEE Legal Matters reported that Sorainen had advised private equity company ConHostinger on the acquisition of an approximately 31% stake in Hostinger, a company providing web hosting, VPS, Internet domain registration, website building software, and e-mail services. CEEIHM spoke with Thomas Strohe, Partner at ConHostinger, to learn more about the matter.