TGS Baltic has advised 2C Ventures on leading a EUR 400,000 investment round in Esgrid that also saw the participation of Lemonade Stand, Startup Wise Guys, and Greenco Ventures.
2C Ventures is a Northern Europe-focused cleantech fund.
Esgrid is an AI-powered ESG risk management platform for supplier workflows.
According to TGS Baltic, the financing will accelerate Esgrid’s product development and broaden its platform capabilities.
In 2024, Cobalt advised Esgrid on its pre-seed funding (as reported by CEE Legal Matters on June 14, 2024).
The TGS Baltic team included Partner Kadri Kallas, Counsels Mari Anne Rohtla, Mirko Kikkamagi, and Silvia Urgas, and Associate Joonas Kartsep.
TGS Baltic did not respond to our inquiry on the matter.
