Motieka & Audzevicius has advised Lithuanian educational start-up Turing College on its USD 1.05 million seed-round with investments from local and foreign venture capital funds and Silicon Valley business angels. Glimstedt advised Iron Wolf Capital on its investment into Turing College.
Turing College is a data science career school operating in Europe. It is a member of the Y Combinator program, has received USD 2.57 million in funding to date, and has launched three cohorts of data science students.
According to Glimstedt, while the majority of Turing College's students are from Lithuania, the services are also used by citizens of other countries. The investment will allow the school to continue expanding its course offer, student number, and jurisdictions targeted.
Based in Vilnius and London, Iron Wolf Capital is a seed-stage venture capital fund from the Baltics, investing in innovative products, technology, or business models.
The Motieka & Audzevicius team included Senior Associate Rokas Jankus and Associate Darius Amsiejus.
Glimstedt's team consisted of Partner Andrius Ivanauskas and Associate Simona Butkute.