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Sorainen Helps Inion LT Obtain Funding from Koinvesticinis Fondas, Contrarian Ventures, and 70 Ventures

Sorainen Helps Inion LT Obtain Funding from Koinvesticinis Fondas, Contrarian Ventures, and 70 Ventures

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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.

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