COBALT advised venture capital fund Change Ventures on investment in Outvio

COBALT advised early-stage investment fund Change Ventures on investment into Estonian start-up Outvio. Change Ventures led the $ 3 million round and was joined by TMT Investments (London), Fresco Capital (San Francisco), and Lemon Stand (Tallinn). Several angels also joined the round, including James Berdigan (Printify) and Kristjan Vilosius (Katana MRP).

Outvio is a technology start-up that offers its services in Estonia and Spain to medium-sized and large online retailers and helps to simplify their delivery processes.

Our work comprised advising the client during the whole transaction. The client was advised by Partner Kristel Raidla-Talur, Senior Associate Greete-Kristiine Kuru, and Junior Associate Johanna Lumiste.