Advising Chaga on investment round on the Funderbeam platform

30.04.2019 Advising Chaga on investment round on the Funderbeam platform

TGS Baltic's team, led by partner Kadri Kallas, advised Chaga, an Estonian producer of organic food supplements, on its investment round on Funderbeam, a funding and trading platform which enables small investors to buy and sell equity stakes in private companies.

The advice included drafting and negotiating the shareholders’ agreement, which included the full range of terms regulating the control over the company and possible scenarios for exit. Articles of Association and other corporate documents for execution of the investment round were also prepared.

The purpose of the investment round was to help fund R&D, product development, and expansion to new international markets, including Asian markets.

Chaga is an Estonian company that produces premium organic food supplements based on natural ingredients hand-harvested mainly from Estonian forests, with chaga mushrooms as the key ingredient. https://chagahealth.eu/en/

On the same topic

Funderbeam: Chaga Health Syndicate

Lawyers

Kadri Kallas
Kärt Raud