18.3.2022

C&S Services and Experts Top Ranked in Chambers Europe 2022: Lawyers ‘Have Really Deep Expertise’ and ‘Give Input on Strategic Matters’

Chambers Europe once again ranked Castrén & Snellman among Finland’s best law firms in its annual publication. Castrén & Snellman’s services were placed in the top two bands in 11 of the surveyed categories, and 28 of our leading experts were ranked. In addition, Castrén & Snellman was shortlisted again for Finland Law Firm of the Year in the Chambers Europe Awards 2022.

C&S Services ranked in top two bands in Finland in the following categories:

Here are a few of the client comments we received:

Banking & Finance: ‘The lawyers have the ability to execute the most complex transactions.’

Capital Markets: ‘Clients describe the firm as “one of the leading players in capital markets.”’

Corporate/M&A: ‘One client appreciates that “the lawyers have really deep expertise” and “give input on the strategic matters.”’

‘Another client enthuses: “The lawyers provided us with expertise and market knowledge to a very detailed level.”’

Dispute Resolution: ‘One client remarks that the team provides “a perspective regarding the possible alternatives as well as a thorough outcome as a recommendation to the client.”’

‘“The team has managed the case very well in terms of substance and schedule. They have been very approachable and easy to deal with,” a client says, adding: “I also appreciate their attention to strategic and tactical considerations as well as details.”’

Employment: ‘Castrén & Snellman stands out by having not only business-minded partners, but also senior associates and counsels who are extremely aware of the commercial needs and challenges of their clients; they have proven that they are the best and most consistent, which is why our most complex and high-profile cases continue to go to them.’

Restructuring/Insolvency: ‘A client praises the firm for its capacity to draw on a broad range of expertise, with one noting: “Castrén & Snellman has been able to provide us with all necessary services.”’

The rankings are based on client feedback, supplemented by background information provided by law firms. For a more detailed look at the rankings, please visit the Chambers Europe website.

Latest references

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
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
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
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