About
Grete Kuru is a Managing Associate at COBALT Estonia. She focuses on venture capital transactions, startup advisory, fund formation, and mergers and acquisitions. Grete has advised numerous international and local venture capital funds on investments in high-growth startups across Europe, the United States, and other key markets.
With over a decade of experience, she has led hundreds of venture capital deals, covering all stages from angel and seed investments to late-stage rounds and successful exits. She has sector-specific experience in key areas such as deep tech, fintech, health tech, climate tech, and defence tech.
In addition to transactional work, Grete advises on a wide range of corporate matters, investor-founder relations, and provides strategic legal support to startups throughout their lifecycle. She serves as a trusted long-term counsel to a diverse portfolio of startups, especially in connection with fundraising and corporate governance needs.
Grete has extensive experience in fund formation. She assists fund managers with structuring and launching venture capital and private equity funds, including drafting tailored fund documentation, negotiating with prospective investors, managing fundraising processes, and supporting daily fund operations.
- Banking, Finance, and Capital Markets – Leading Associate, The Legal 500 2025
- Banking, Finance, and Capital Markets – Rising Star, The Legal 500 2024
Languages
- Estonian, English
Membership & education
- Estonian Bar Association (2014)
- Master of Laws (LL.M.) in European Law, Stockholm University, Faculty of Law, Sweden (2013)
- Master of Arts (M.A.) in Law, University of Tartu, Faculty of Law, Estonia (2013)
- Bachelor of Arts (B.A.) in Law, University of Tartu, Faculty of Law, Estonia (2011)
Stargate Hydrogen enters strategic partnership with global energy group Repsol
Esgrid raises new funding to expand into supplier management
EIB grants EUR 18 million loan to boost EU’s critical raw material production through UP Catalyst
Karma Ventures leads the USD 7.5 million Series A round to WunderGraph
Stargate Hydrogen raises EUR 11 million in Series A funding round
SmartCap launches EUR 100 million Defence Fund
Change Ventures invests in Certific, co-leading a €700,000 funding round
BonVenture invests in Fairown, supporting EUR 5.7 million seed extension for German expansion
Karma Ventures leads Pactum AI’s $20 million Series B round
Esgrid secures pre-seed funding for value chain sustainability tools
MMC Ventures invests in Estonian startup BotGuard
Karma Ventures invests in the Austrian company HYDROGRID
Salv raises EUR 3.9 million from investors
Binalyze raised 19 million dollars in a Series A financing round
Change Ventures invests in startup Formaloo
COBALT advised SmartCap on investment in eAgronom
COBALT advised Change Ventures on creating their €20M Fund III
COBALT advised BayWa and EdgeCap Partners on investment in Roofit.Solar
COBALT advised Salv on raising a €4 million investment
COBALT advised 3VC on its investment in start-up Pactum
COBALT advised Change Ventures on investment in start-up Modash
COBALT advises SmartCap on the launch of its Greentech Investment Programme
COBALT advised Rubylight on its investment in the buy and sell platform Yaga
COBALT advised the creation of fine wine investment fund WineFortune
COBALT advised Nordic Secondary Fund II on its investment in Eurora Solutions
COBALT advised Change Ventures on investment in green tech start-up Cloud Factory
COBALT advised 3Commas on raising a $ 37 million investment
COBALT advised Karma Ventures on investment in startup Jobbatical
COBALT advised Change Ventures on investment in RecruitLab
COBALT advised clients on investing in a new technology fund
COBALT advised SmartCap on investment in Superangels new deep tech fund
COBALT advised Change Ventures on investment in startup Werk
COBALT advised venture capital fund Karma Ventures on investment in Al start-up DRUID
COBALT advised venture capital fund Change Ventures on investment in startup Kwota
COBALT advised Nordtreat on raising a 4 million euro investment
COBALT advised venture capital fund Karma Ventures on investment in start-up CybExer Technologies
COBALT advised start-up Binalyze on raising a 10 million dollar investment
COBALT advised venture capital fund Change Ventures on raising additional investments
COBALT advised Blossom Capital on investment in Aurelia
COBALT advised venture capital fund Change Ventures on investment in Outvio
COBALT advised Change Ventures on investment in Eurora
COBALT advised on EQT Ventures on leading a 7.9 million dollar investment round on Single.Earth
COBALT advised Nordic Secondary Fund on the acquisition of shares in Fiizy
COBALT advised Earlybird Digital East Fund on investment in Binalyze
COBALT advised Karma Ventures on follow-on investment in CGTrader
COBALT advised Change Ventures on investing in INZMO
COBALT advised Change Ventures on investment in Fyma
COBALT advised 3Commas on raising $3 million in series A funding
COBALT advised Rubylight on investment in Tandem
COBALT advised Karma Ventures and byFounders on investment in Lucinity
COBALT advised Change Ventures’ seed investment into Planet42
COBALT advised Change Ventures on investment in fintech startup askRobin
COBALT advised Change Ventures on investing in 99math
COBALT advised EIB on giving EUR 50 million venture debt facility to Bolt
COBALT advised Karma Ventures on follow-on investment in MeetFrank
COBALT advised Luminor, Nordea and DNB on closing transaction with Blackstone
COBALT advised Karma Ventures on series A round investment in Xolo
COBALT advised Karma Ventures on investment in Infermedica
COBALT advised Karma Ventures on series A round investment in Sonarworks
COBALT advised European Investment Bank on EUR 12 million loan to Elcogen
COBALT advised on the merger between Ha Serv and Thermory
COBALT advised Karma Ventures on investing in MeetFrank
COBALT advised Karma Ventures on its investment in Realeyes
COBALT advises HHLA on acquiring Estonia’s biggest terminal operator Transiidikeskuse AS
COBALT advised Rubylight on investment in Sweatcoin
COBALT advised Karma Ventures on its investment in CGTrader
COBALT advised Karma Ventures on its investment in Sonarworks
COBALT advised Change Ventures on investing in Festivality
COBALT advised Ekspress Grupp on investment into Zlick LTD
COBALT advised Karma Ventures on its investment in Minut, Inc
COBALT advised Karma Ventures on its investment in AppGyver
COBALT advised Rubylight on follow-on investment in Berlin-based social newsfeed app Jodel
COBALT advises Change Ventures on fund formation as well as on their first investments
COBALT advises Karma Ventures on its investment in SpectX
COBALT advises Karma Ventures on its investment in Plumbr
COBALT advises the sale of successful start-up Teleport
COBALT advised Rubylight on investment in Tandem
COBALT advised Ekspress Grupp in acquisition of Babahh Media
COBALT advised Ekspress Grupp on acquisition of 50% of Linna Ekraanid
COBALT advised Rubylight on investment in Jodel
COBALT advised on the purchase of egg producer Koks Munatootmine
COBALT advised Rubylight on investment into Taxify
COBALT advised on the creation of the biggest egg production company in the Nordic countries