Motieka & Audzevicius, working with Orrick, Herrington & Sutcliffe, has advised Lithuanian start-up Turing College on its relocation to the United States in order to participate in Silicon Valley accelerator Y Combinator.
According to Motieka & Audzevicius, “Turing College has become the first Lithuanian start-up to be selected by Y Combinator. In the past Y Combinator has invested in such prominent companies as Airbnb, Stripe, Dropbox, Reddit, and many more.” According to the firm, “Turing College is seeking to build an educational coding institution where all learning processes are fully automated, built on top peer-to-peer learning pedagogy.”
On September 25, 2020, CEE Legal Matters interviewed Turing College co-founder & CBDO Benas Sidlauskas regarding the startup's receipt of a EUR 1.2 million investment from Startup Wise Guys and the Motieka Investment Fund (initially reported by CEE Legal Matters on September 2, 2020).
The Motieka & Audzevicius team included Partner Giedrius Kolesnikovas, Senior Associates Mantas Juozaitis and Rokas Jankus, and Associate Darius Amsiejus.