Our Corporate and M&A team has advised the founders of Eneba Holdings Limited and Helis Play on raising series A investment round by well-known venture capital investors.
Together with Taylor Wessing we advised the client on the preparation of investment documents, assisted in structuring the due diligence procedure, as well as advised on other related matters such as taxation and corporate governance.
Eneba is an online marketplace for games where gaming enthusiasts can easily and quickly buy and sell their digital game keys without the risk of fraud. It gathers a community of gamers thriving to share knowledge and insights about gaming.
Just last year Eneba introduced the news to start-up and business communities regarding raising the largest seed round investment in the history of Lithuania. It took less than a year for this company to gain the attention of venture capital and angel investors, as well as receive acknowledgment and trust by a seed round investors.
The series A round was led by UK-based InReach Ventures, Lithuanian-based Practica Capital and New York-based investor FJ Labs, alongside several angel investors.
The investment shall be used for further global expansion and ensuring its status as a leader in the industry.