Cobalt has advised BonVenture on its investment into Fairown as part of a EUR 5.7 million seed extension round.
BonVenture is a provider of social venture capital in German-speaking countries.
Fairown is an Estonia-based multi-category B2C subscription service provider.
According to Cobalt, "this funding round, led by BonVenture and supported by existing investors such as Neosfer (the early-stage investment arm of the Commerzbank Group), STIHL Ventures (the corporate venture capital arm of STIHL), and Gateway Ventures, is set to drive Fairown’s expansion into the German market."
The Cobalt team included Managing Associate Greete-Kristiine Kuru and Assistant Lawyer Paul Schifrin.
Cobalt did not respond to our inquiry on the matter.
