-
Recent posts
- “Legal Experts – Europe, Middle East & Africa 2012″ highly recommends Borenius partners
- Challenging the Estonian renewable energy market
- Input value added tax deduction in real estate transactions
- Suretyship and guarantee – securities that may be
- Changes in European regulation of markets in financial instruments
Archive
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- June 2008
- April 2008
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- January 2007
© Borenius 2011 » Sitemap
LMHB acts as legal advisor to innovative venture capital investment
Luiga Mody Hääl Borenius specialists advised Estonian Development Fund on investment into Massi Miliano, a company developing robot mannequins for international leading online retail clothing stores. The service is promoted under the brand fits.me and the developers of the unique invention hope the project will stimulate growth of the online clothing sales business. The investment amounted to approx EEK 10 mio.
Partner Aivar Taro and his team assisted in structuring of the transaction and drafting the documentation as well as valuing and assessing the IP portfolio and drafting provisions for protecting intellectual property assets. As a result of the transaction, Estonian Development Fund became a minority shareholder in Massi Miliano. Other investors include leading IT solutions provider Webmedia, and angel investors.
This summer will see the first tests with the innovative robot mannequin which Massi Miliano develops in co-operation with local scientists from Tartu University and Tallinn University of Technology.