Sorainen has advised the shareholders of the Dojus Group on investing in Walk15, which attracted EUR 268,500 in this financing round. Apex Legal reportedly advised Walk15 on the deal.
Lithuanian Business Angel Network LitBAN's chairman of the board Vladas Lasas, venture capital fund 70Ventures, and several private individuals also invested in the company.
Walk15 is a mobile walking application and startup company founded by TV and radio host Vlada Musvydaite-Vilciauske.
According to Sorainen, “Walk15 was valued at EUR 5 million during this investment round. The company, which has 260,000 users and employs about 15 people, plans to use the capital to develop its team and prepare for the next investment phase, which is scheduled for the summer.”
Sorainen’s team included Partner Sergejus Butovas and Senior Associate Matas Maciulaitis.