CEE Attorneys has advised venture capital fund Sparking Capital in signing a seed investment contract with Romanian toy company Evertoys.
Sparking Capital is a Romanian company that performs pre-seed and seed-type investments in start-ups, operating in different business areas, such as market places, food-tech, agri-tech, retail-tech, health-tech, and digital transformation.
According to CEE Attorneys, "the implementation of this transaction is essential for Evertoys by a perspective of impressive development of its business and crystalizing the growth of strategy belonging to it." As a result, the firm asserted, Evertoys aims to increase its turnover 20 times over in the next three years.
CEE Attorney’s team included Partner Sergiu Gidei and Associate Elena Sopotean.