COBALT advised Karma Ventures on follow-on investment in CGTrader

COBALT advised venture capital fund Karma Ventures on its follow-on investment in Vilnius-based CGTrader. Evli Growth Partners, Karma Ventures and LVV Group participated in the round in which CGTrader raised $9.5 million.

CGTrader, founded in 2011 in Vilnius, is one of the largest 3D model marketplaces. They provide 3D models for professionals in computer graphics, gaming, video production, advertising, VR/AR and other industries.

The client was advised by partner Kristel Raidla-Talur, senior associates Greete-Kristiine Kuru and Sven Böttcherand assistant lawyer Johanna Lumiste.

More information can be found here.