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MTG Advises on Day One Capital's Investment in Orqa Holding Limited

MTG Advises on Day One Capital's Investment in Orqa Holding Limited

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Marohnic, Tomek and Gjoic has advised both Day One Capital and Orqa Holding Limited on the former’s EUR 1.3 million investment in the latter.

Day One Capital is a Hungarian venture capital fund with a capitalization of EUR 34 million that invests in seed- and growth-stage ventures with established growth potential. Orqa is a start-up focused on developing optical and management solutions for drones and autonomous vehicles.

According to MTG, Orqa will use the investment to expand its engineering team, and as working capital in its manufacturing process, among other things.

MTG’s team consisted of Partners Josip Marohnic and Tonka Gjoic and Senior Associate Ivona Zagajski.

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