COBALT advised Change Ventures on investment in Fyma

COBALT advised early-stage investment fund Change Ventures on investment into Tallinn-based computer vision startup Fyma. Fyma recently announced completing $1.8-million seed funding round of financing. Change Ventures led the round and was joined by 7 Percent, Decacorn, Lemonade Stand, Tiny VC and existing investor Superangel.

Fyma, formerly known as Visory, will use the funding to double its headcount and launch new pilot programmes for its software which can turn any CCTV camera into a sensor for gathering real-time data.

Our work comprised advising the client during the entire transaction. The client was advised by Partner Kristel Raidla-Talur and Senior Associates Greete-Kristiine Kuru and Sven Böttcher and Assistant Lawyer Johanna Lumiste.

More information regarding the investment round can be found here.