Salv raises EUR 3.9 million from investors

Salv, a startup company offering financial crime prevention platform, raised EUR 3.9 million from investors. Lead investors in this investment round were Passion Capital, G+D Ventures and ff Venture Capital.

With the investment, Salv is planning to expand sales and marketing activities in the United Kingdom. Operating mainly in the Baltic market, Salv has increased cooperation with British financial companies and increased turnover outside the home market over the past year. It is also planned to hire more staff.

Salv was advised by COBALT throughout the entire transaction. Our team included Specialist Counsel Greete-Kristiine Kuru, Senior Associates Marten Amjärv and Johanna-Britt Mikk and Assistant Lawyer Marit Raatma.