Estonian cyber tech company receives €1.5 million from SEB’s new Venture Debt program

SEB invested €1.5 million in the Estonian technology company, CybExer Technologies, through its new Baltic Venture Debt investment programme.

Founded in 2016, CybExer Technologies is a NATO award-winning cybersecurity testing and training solutions company that enables organisations around the world to achieve cyber competence by helping to hone skills in a risk-free environment.

SEB Venture Debt is a EUR 20 million program for debt investments in high growth companies in the Baltic countries. It is an alternative to the bank’s traditional lending framework, that will help fund expansion of proven business models.

COBALT advised CybExer Technologies on all aspects of the investment. Our team was led by Partner Marina Kotkas and Senior Associate Christine Mägi and supported by Partner Kristel Raidla-Talur and Senior Associate Marten Amjärv.