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Cobalt Advises Practica Capital on Investment in Eneba

Cobalt Advises Practica Capital on Investment in Eneba

Lithuania
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Cobalt has advised Practica Capital on its joint investment with other investors of USD 8 million in Lithuanian startup Eneba.

According to Cobalt, “launched in 2018 by two Lithuanian school friends, Eneba provides a marketplace for gamers to safely purchase everything they need for the world’s most popular games. Eneba has already attracted a community of 26 million unique users. Eneba will use its funding to accelerate investment in product development making the platform faster, safer, and easier to use and to expand further in the US and across other key global markets.”

Cobalt’s team included Partner Akvile Bosaite and Associate Robertas Grabys. 

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