eBrands – Funding round

eBrands – Funding round

Venture capital investments demand long-term strategic expertise across diverse fields to ensure optimal returns.

With our long history of being one of the most active Nordic law firms advising in venture capital and growth equity financings, we are deeply connected to venture capital industry.

Through our extensive experience and client base, we have a thorough understanding of market terms and participants. By leveraging this knowledge, we are able to act as a strategic advisor to our clients and provide efficiencies in a way that is unmatched in the Finnish market.

We have the expertise to efficiently handle all aspects of venture capital and minority investments, such as:

  • legal due diligence and ESG reviews
  • term sheet documentation
  • investment and shareholder agreements
  • corporate resolutions
  • follow-on financing rounds and other financing arrangements
  • employment agreements and incentive schemes for key personnel
  • exits.

Our clients include domestic and international venture capital investors, institutional and corporate investors, growth-focused development financers, and green transition investors making direct investments in growth companies. Through our market-leading Growth Companies practice we act as a strategic partner to various founder-led and venture-backed companies in their fundraisings and other growth initiatives.

Clients value our agile, reactive, and proactive way of working. You will be supported by a dynamic and responsive core team. Through our cross-practice approach, all relevant industry and domain knowledge is integrated into every investment process. Our processes are further optimised through the use of AI and advanced legal technology.

Chambers Europe, Chambers Global, The Legal 500 and Best Lawyers International consistently rank our services and our lawyers among Finland’s best.

Latest references

Castren & Snellman Ebrands funding round
We assisted eBrands Holdings Oy in its latest funding round, during which the company raised 7.5 million euros. The new funding brings the company’s total raised capital to 50 million euros. The latest funding round was mainly led by the family investment company Veikko Laine, Varma Pension Fund, and operational shareholders. The funding will be used to develop eBrands’ AI-based Apollo market growth tool, which helps brands expand into sixty different markets and sales channels without local infrastructure or heavy investments. eBrands is an export platform that grows consumer brands globally through e-commerce and major retail channels. Specializing in the US and European markets, eBrands enables brands to internationalize with an export service model that reduces the risk and complexity associated with expansion by leveraging advanced technology. Founded in 2020, the Helsinki-based company’s team includes 75 people, and the company’s revenue exceeds 35 million euros.
Case published 11.3.2025
We advised Tokmanni Group Corporation, one of Finland’s largest retail trade companies, as the borrower in a EUR 325 million financing arrangement it entered into with a syndicate of Nordic banks. The financing arrangement includes a EUR 250 million bank loan and EUR 75 million revolving credit facility, which will be used for the purposes of refinancing existing debt and general corporate purposes. The financing arrangement has a maturity of three years with two one-year extension options.
Case published 22.1.2025
We advised Helkama-Autokauppa Oy in the acquisition of the Škoda dealerships in Helsinki and Tampere from Hedin Automotive Finland. Helkama-Autokauppa Oy operates as an independent dealer in the dealer network of Helkama-Auto Oy, the Finnish importer of Škoda cars, spare parts and accessories.
Case published 3.12.2024
We successfully acted as the lead external counsel for Citycon Plc in an arrangement whereby Citycon outsourced its Nordic Accounting and Lease Administration operations and related workforce in Finland, Sweden, Norway, Denmark and Estonia to Staria Plc. The outsourcing is expected to take place as of 1 August 2024. With this outsourcing arrangement, Citycon aims to align the size and capabilities of the company’s finance organisation with its future development, ensuring it can adapt to meet the company’s needs at any given time. During the assignment, we assisted Citycon in drafting the necessary contract documentation and planning the contract negotiations and timetable. We led the outsourcing agreement negotiations and advised Citycon on employee transfer and data privacy related matters. We also coordinated legal advice for other in-scope countries. Citycon is the leading owner and developer of urban hubs in the Nordics and Baltics. Citycon’s 33 mixed-use, necessity-based centres are located in the major cities in Finland, Sweden, Norway, Denmark and Estonia. Citycon transforms unique locations into sustainable communities and cities full of life, serving 140 million people each year and delivering long-term share value. Citycon brings value to communities by developing urban hubs for living, working, socialising and shopping. Citycon has extensive experience as an urban developer and uses its expertise in creating mixed-use centres that include retail, offices, hotels, housing, food & beverage as well as healthcare, culture and leisure services.
Case published 13.5.2024