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TGS Baltic advised Contrarian Ventures on its investment into startup PVcase together with other investors for a total amount of EUR 20 million

07.10.2021 TGS Baltic advised Contrarian Ventures on its investment into startup PVcase together with other investors for a total amount of EUR 20 million

We advised Contrarian Ventures, which, together with other investors, participated in the Series A funding of the startup PVcase.

The company raised funding of EUR 20 million, making this the largest solar software company fundraising round in Europe. This investment is also the second-largest investment made in the funding round A in Lithuania.
 
Elephant VC led the funding round, along with the existing investors Contrarian Ventures and Practica Capital.
 
PVcase, a solar engineering software provider, will use this funding to further the development of its products, support expansion in the U.S., and accelerate hiring remotely and at its offices in Lithuania, Spain and Germany.
 
It was a pleasure to collaborate on such a significant matter! The project was led by Aurimas Pauliukevicius and Julija Skardžiūtė.

For more information please see: PVcase Closes Oversubscribed Series A Round with $23M

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