Newsroom

The largest environmental resource management group in the Baltics, Eco Baltia AS has completed its second three-year EUR 10 million bond issue, conducted as a private placement. The issue attracted strong investor interest, with total demand exceeding the issue size..

The global spirits company, Amber Beverage Group Holding, has listed bonds worth EUR 30 million on the Nasdaq Baltic Bond List. The listing of Amber Beverage Group Holding bonds on Nasdaq Riga, following its listing at the Frankfurt Stock Exchange,..

COBALT successfully advised e-money institution Monemon in applying for an activity license from the Estonian Financial Supervision and Resolution Authority. Monemon is the third company in Estonia who has received e-money institution license. Monemon is an innovative e-money service provider,..

Karma Ventures’ portfolio company DRUID closed a USD 30 million Series B fundraising round. The round was led by TQ Ventures with participation from an array of European investors, including Smedvig Capital, GapMinder, Hoxton Ventures and Karma Ventures. Druid is..

Binalyze raised 19 million dollars in a Series A round of funding. The round was led by Molten Ventures with participation from existing investors, Earlybird Digital East and OpenOcean, and new strategic investors Cisco Investments, Citibank Ventures, and Deutsche Bank..

Karma Ventures’ portfolio company Commsignia closed a USD 15 million Series B fundraising round. The round was led by PortfoLion Capital Partners, Inventure, Day One Capital and Inference Partners, together with Partech, Credo Ventures, and Karma Ventures. This investment will..

Rietumu Banka has extended loans totalling EUR 25 million to Astor Group companies, which are involved in the management and development of prominent hotel properties in Riga, such as Radisson Blu Daugava, Radisson Blu Rīdzene, Park Inn by Radisson Valdemara,..

The Latvian advertising experience platform, Monetizr, headquartered in Atlanta, USA, has raised EUR 3.6 million (USD 4 million USD) in a round led by Estonian Change Ventures, with participation from prior investors, the accelerator Techstars and Ludus Ventures. Monetizr will..