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Cobalt Advised ME Investicija on Investment Project44

Cobalt Advised ME Investicija on Investment Project44

Lithuania
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Cobalt has advised Lithuanian ME Investicija on its investment in US logistics start-up Project44. Wilson Sonsini Goodrich & Rosati advised the start-up.

The amount invested was not disclosed.

According to Cobalt, Project44 is the world’s leading advanced visibility platform for shippers and logistics service providers. During the completed round of E-series investments, Project44 attracted over USD 200 million, with its valuation reaching USD 1.2 billion. 

Cobalt's team consisted of Partners Elijus Burgis and Eva Suduiko.