31.3.2023

Dedication to our clients’ success acknowledged as C&S appoints five new counsels

Our business is to enable our clients’ success and ensure their legal protection. To acknowledge their versatile expertise and dedicated work towards our clients’ success, we promote Teemu Auressalmi, Jenni Korhonen, Hilma-Karoliina Markkanen, Tiina Orre and Sakari Sedbom to counsels as of 1 April 2023.

Teemu Auressalmi, Dispute Resolution

Teemu Auressalmi is an expert in domestic and international disputes. His area of practice covers both international and domestic arbitration and litigation proceedings as well as alternative forms of dispute resolution. He is also experienced in questions related to corporate law.

Teemu represents our clients in a wide variety of commercial and corporate disputes relating to, among others, construction projects, mergers and acquisitions, and shareholders’ agreements. Teemu is also a regular speaker in topics related to dispute resolution and a board member of the Young Arbitration Club Finland.

Jenni Korhonen, Tax & Structuring

With a deep knowledge of tax law and structuring, Jenni Korhonen specialises in tax matters and structuring related to transactions and mergers and acquisitions. She has extensive experience in demanding M&A as well as in restructuring of international groups and listed companies.

Jenni advises our clients in both international and domestic matters related to corporate taxation, M&A and restructuring. She also assists our clients in preliminary ruling processes and pre-emptive discussions as well as in ensuring the tax treatment of restructurings from the tax administrators.

Hilma-Karoliina Markkanen, Intellectual Property

Hilma-Karoliina Markkanen is an experienced lawyer with extensive knowledge of intellectual property questions and the related dispute resolution. She has profound understanding of marketing and consumer law, fashion and luxury law, and questions related to unfair business practices and IP commercialisation, and she is an active trainer in these topics. Hilma-Karoliina is also the Vice President of the Finnish Fashion Law Association.

Hilma-Karoliina provides IP advice to our clients in mergers and acquisitions, private equity transactions and other transactions.

The latest Managing Intellectual Property IP Stars recognised Hilma-Karoliina as a Rising Star.

Tiina Orre, Intellectual Property

Tiina Orre is a versatile lawyer versed in intellectual property and dispute resolution. Her expertise includes industrial property rights and copyright as well as marketing and consumer law. She is also experienced in matters related to unfair business practices and anti-counterfeiting in various industries.

Tiina advises our clients in assignments related to brand portfolio protection and enforcement, IP and marketing dispute resolution and authority processes, and mergers and acquisitions. Tiina is also an active speaker and trainer in topics related to IP and marketing law.

The latest Managing Intellectual Property IP Stars recognised Tiina as a Rising Star.

Sakari Sedbom, Capital Markets & Financial Regulation

Sakari Sedbom is an expert in capital markets and financial regulation. He is particularly experienced in IPOs and right issues, public takeover bids, as well as regulatory questions related to insider and market abuse regulation.

He also advises our clients on various M&A and finance transactions, bond issuances, and regulated transactions in the financial and fintech sector.

The latest IFLR1000 Financial & Corporate ranks Sakari as a Notable Practitioner.

Our warmest congratulations to all our new counsels for their new role!

Read more: Castrén & Snellman appoints three new senior associates – Appointments also in Business Services

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