Sorainen has advised Inion LT on a EUR 500,000 investment in the company by venture capital funds Koinvesticinis Fondas and Contrarian Ventures and startup accelerator 70 Ventures.
Inion LT is a Lithuanian startup developing solutions for solar power plant-generated electrical energy optimization and monitoring that allow for a more efficient use of solar power.
This is the second investment in Inion LT that Sorainen has advised on, following a EUR 50,000 investment by Contrarian Ventures in 2019 (as reported by CEE Legal Matters on August 27, 2019).
Sorainen’s team included Partner Mantas Petkevicius and Senior Associate Vytautas Sabalys.
