Chambers Global once again ranked our services among the best in Finland in its annual publication. The rankings place the greatest emphasis on client feedback, supplemented by background information provided by law firms.
17.2.2023
Castrén & Snellman experts and services top-ranked in Chambers Global 2023: top-notch legal and business skills, great understanding of commercial needs and to-the-point advice
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Castrén & Snellman was highly ranked in all six categories in the Chambers Global Guide. Our dispute resolution team was the only one in Finland to receive Band 1 recognition in the category.
‘They have a great understanding of our commercial needs and provide to-the-point advice, helping us to position ourselves better strategically. Their extremely quick response time and problem-solving mindset are also much appreciated.’
‘Castrén & Snellman are very hands-on and deeply involved in the details. They understand the commercial realities of the case, what they want to achieve, and what needs to be done to achieve the end results.’
‘The team is well structured, with a variety of skills and experience and a good understanding of the business expectations.’
‘Castrén & Snellman possesses top-notch legal and business skills combined with highly effective project management skills.’
‘The service provided is very client-focused, always on time and our contacts at the firm were extremely responsive.’
‘Castrén & Snellman have an excellent understanding of the Finnish market.’
‘The lawyers strongly push their client’s best interests.’
‘All communication with cross-border counterparties has been flawless.’
Additionally, a total of 13 of our experts received individual rankings from Chambers Global:
In the International & Cross-Border Capabilities section, Chambers highlights the law firms that are the best and most user-friendly to work with when matters involve international aspects. The section is an overview of the services for clients in need of internationally oriented advice. Chambers describes Castrén & Snellman as one of the leading Finnish law firms:
‘Castrén & Snellman has a credible track record in international mandates and offers clients a high-quality Finnish practice with experience of collaborating on global matters.’
Besides the Global directory, Chambers also publishes the annual Chambers Europe directory, which looks more extensively at Finnish legal experts in various fields. Both publications have for many years ranked Castrén & Snellman’s services and experts as being among the best in Finland. For a more detailed look at the rankings, please visit the Chambers Global website.
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International reinsurance companies – Ad hoc arbitration proceedings
We successfully represented a panel of reinsurance companies in an international ad hoc arbitration. The dispute arose out of a reinsurance treaty under the terms of which the reinsurers had reinsured a portfolio of risks underwritten by the cedent. The parties disagreed as to whether the reinsurance provided coverage for a certain loss that had occurred because of the market turmoil caused by the Covid-19 pandemic. The case involved highly complex legal and contractual questions requiring special expertise on reinsurance law and practice. The arbitral tribunal rejected the counterparty’s claims for reinsurance compensation against our clients in full. The amount in dispute was approximately EUR 34 million.
Case published 16.9.2025
byFounders.vc – DataCrunch’s USD 64 million Series A funding round
We supported byFounders.vc as the Finnish counsel in their investment in DataCrunch Oy in a USD 64 million Series A funding round. DataCrunch provides scalable AI compute solutions from energy-efficient data centers in Iceland and Finland. byFounders.vc is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries.
Case published 11.9.2025
Springvest – ReOrbit’s EUR 45 million Series A funding round
We advised Springvest Oyj in organising a EUR 45 million Series A funding round for ReOrbit, a space technology company and a leading provider of software-first satellites. It’s the largest all-equity Series A round in Finland and one of the most significant deals overall in the European space and defence sector. The purpose of the funding round is to support ReOrbit’s growth. The round consisted of a private placement reserved for professional and institutional investors, which included, e.g. Icebreaker.vc, Expansion VC, 10xFounders, Inventure VC, Varma Mutual Pension Insurance Company, and Elo Mutual Pension Insurance Company, and an EUR 8 million public share offering, which was oversubscribed within 4.5 hours. Springvest is a Finland-based investment firm that connects unlisted growth companies with investors. ReOrbit builds sovereign satellites and connected systems for national security.
Case published 9.9.2025
Ten Eleven Ventures & Tesi – EUR 275 million Series B financing round of IQM Quantum Computers
Castrén & Snellman advised the lead investors Ten Eleven Ventures and Tesi in the EUR 275 million Series B financing round of IQM Quantum Computers, the global leader in building quantum computers. The round is largest Series B round ever in Finland and the second largest in the Nordics. In addition to the lead investors represented by C&S, the round was participated by several new and existing investors, including pension funds Elo Mutual Pension Insurance and Varma Mutual Pension Insurance, strategic investors Companies of Schwarz Group and Winbond Electronics Corporation, and sovereign wealth funds EIC and Bayern Kapital. Ten Eleven Ventures is the original cybersecurity-focused, global, and stage-agnostic investment firm. The firm identifies, invests in, and helps grow top cybersecurity companies addressing critical digital security needs, leveraging its team, network, and experience to build successful businesses. Since its founding, Ten Eleven Ventures has raised over USD 1 billion and made over 60 cybersecurity investments across various stages worldwide. Tesi (Suomen Teollisuussijoitus Oy / Finnish Industry Investment Ltd) is a state-owned investment company with an industrial policy mission focused on driving economic growth, renewal, and investments. Tesi invests on market terms both in venture capital and private equity funds, and directly in startups, scale-ups, and large industrial projects. IQM Quantum Computers, founded as a deep tech spin-off from Aalto University in 2019, specialises in developing quantum computers utilizing superconducting circuits. The company designs and produces quantum processors at its facility in Espoo, providing computing solutions and optimizations tailored to both research and industrial applications. In addition to its Finnish operations, IQM has expanded its presence to Germany, France, Italy, Japan, Poland, Spain, Singapore, South Korea, and the United States.
Case published 4.9.2025