News not to be missed

Practica Capital, together with Earlybird Venture Capital, Inovo.vc, and a group of angels, has provided a record-breaking USD 17 million seed round in the Baltics for sintra.ai. sintra.ai is a fast-growing platform already helping over 40 thousand small businesses in..

The essential water and sewerage service provider in Latvia, SIA “Rīgas ūdens”, owned by the Municipality of Riga, has successfully raised EUR 20 million in its first public offering of European Green Bonds. The nominal value of each bond is..

Latvia’s state-owned development finance institution, ALTUM, has successfully issued 5-year bonds, raising EUR 70 million with a fixed annual interest rate of 3.576%. This marks the first issuance under ALTUM’s fourth bond issue program, which has a total value of..

The Republic of Latvia has successfully issued a new long-5 year Eurobond, raising EUR 1 billion with a reoffer yield of 2.971% and a coupon of 2.875%. The issue saw exceptional investor interest, attracting a final orderbook of EUR 3.3 billion. The..

Tallinn-based ESG (Environmental, Social, and Governance) risk management startup Esgrid has raised new funding to expand into supplier management. The funding was led by 2C Ventures which was supported by earlier backers Startup Wise Guys, Greenco Ventures, and Lemonade Stand...

Storent Holding, one of the largest equipment rental companies in the Baltics, during the public offering of bonds has attracted EUR 23 million with a fixed interest rate of 10%. This marks the company’s largest bond issuance so far attracting..

Venture Capital fund Karma Ventures successfully led the Series A funding round of WunderGraph alongside eBay’s VC arm eBay Ventures, and Aspenwood Ventures. WunderGraph, founded in 2020, is the creator of Cosmo, a widely adopted open-source GraphQL Federation solution. With..

COBALT advised AS LHV Pank in matters related to international sanctions, including administrative proceedings, misdemeanor proceedings, and a legal dispute with the Financial Intelligence Unit (RAB). RAB conducted a misdemeanor procedure and concluded that the bank had violated the International..