COBALT advised venture capital fund Karma Ventures on investment in start-up CybExer Technologies

2022 - 02 - 17

COBALT advised venture capital fund Karma Ventures on 5 million euro investment in cybersecurity start-up CybExer Technologies. The investment round was led by Karma Ventures and was joined by First Fellow Partners, Specialist VC, and angel investor Petri Kuivala. It was the first investment from Karma Ventures’ second fund.

Estonia-based CybExer Technologies is a NATO-awarded cybersecurity start-up with global customers spanning international defense organisations, financial institutions, and critical infrastructure enterprises has developed a highly scalable cyber range platform that supports both cloud and on-premise demands.

Karma Ventures is an early-stage venture capital firm, specialised in late seed and A-round investments in Europe´s most promising technology start-ups.

Our work comprised advising the client during the whole transaction. COBALT team was led by Senior Associate Greete-Kristiine Kuru and included Partner Kristel Raidla-Talur and Junior Associate Johanna Lumiste.

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