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.