COBALT was recognized at Investor of the Year in Latvia 2016 ceremony in Riga on 26 January 2017, receiving the Legal Adviser of the Year award. The ceremony is organized by the Latvian Venture Capital Association and Latvian Business Angel Network. COBALT receives recognition for fourth time in six years, previously being named “Legal Adviser of the Year” in 2012, 2014 and 2016.
At the ceremony honouring the most successful private equity and venture capital investment projects in Latvia in 2016, awards were granted in eight categories, including “Investment of the Year”, “Sales Transaction of the Year”, “Supporter of the Industry” and “Green Star” (investment with positive influence to environment).
As in previous years, a panel of judges, including members of the Latvian Venture Capital Association and the Latvian Business Angel Network, chose the winners based on written submissions.