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TGS Baltic advised Mubadala Investment Company on 14 million dollar investment in MEL Science

15.12.2020 TGS Baltic advised Mubadala Investment Company on 14 million dollar investment in MEL Science

MEL Science has raised USD 14 million in Series B funding from investors to support expansion of its subscription-based science education business.

TGS Baltic advised on all Estonian law aspects, from conducting legal due diligence to assisting the client in the finalisation of transaction documents. Our team was represented by partner Kadri Kallas, senior associate Sergei Jegorov and junior counsel Mirko Kikkamägi.

MEL Science provides science kits that combine hands-on experiments with interactive science simulations by using virtual reality technology which enables children to learn in an intuitive, fun and engaging manner. MEL Science’s products are designed for children aged 5–14 and intended to be used as teaching aids in schools or by parents.

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