Cobalt has advised Change Ventures on leading a EUR 3.6 million investment round into Latvian advertising experience platform Monetizr, with the participation of Techstars and Ludus Ventures.
Njord has advised Latvia's University College of Economics and Culture on the topic of intellectual property protection issues related to student works created within the "Innovation grants for students in interdisciplinary fields of art, culture, economics, and IT (MaKE IT)" European Regional Development Fund project.
On August 2, 2023, Ellex announced that Eesti Gaas’s acquisition of Gaso from Latvijas Gaze (reported by CEE Legal Matters on April 28, 2023) had closed in July 2023.
At the end of 2021, the Regulation (EU) 2020/1503 of the European Parliament and of the Council of October 7, 2020, on European crowdfunding service providers for business (EU Crowdfunding Regulation) entered into force. In light of the regulatory requirements, existing crowdfunding platforms with prior authorizations under national rules shall receive authorization under the new regulatory framework by November 10, 2023.