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Cobalt and Sorainen Advise on Practica Capital's Investment in Oxipit

Cobalt and Sorainen Advise on Practica Capital's Investment in Oxipit

Lithuania
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Cobalt has advised Practica Capital on its investment in startup Oxipit. The EUR 1.5 million seed round was co-led by Practica Capital, Koinvesticinis Fondas and various business angels. Sorainen advised Oxipit on the deal.

According to Cobalt, Oxipit is a Lithuanian computer vision software startup specialized in medical imaging that has "created the CE certified multi-award-winning ChestEye radiology imaging suite." Practica Capital invests in Baltic innovation and technology-driven ventures. Koinvesticinis Fondas is a venture capital co-investment fund that invests in early-stage companies. 

The Cobalt team included Partner Elijus Burgis and Associate Julija Timoscenko.

Sorainen's team included Partner Mantas Petkevicius, Senior Associate Vytautas Sabalys, and Associate Laura Matuizaite

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