Cobalt has advised the Devbridge Foundation on the completion and transfer of the Kaunas Sobor lighting project to the Kaunas City Municipality.
According to Cobalt, the Devbridge Foundation was established by eight founders of Devbridge, a software developer, "who donated EUR 8 million to its statutory capital. The fund aims to nurture and inspire the next generation of leaders, focusing on economic growth, access to knowledge, and the promotion of entrepreneurship."
The Cobalt team included Specialist Counsel Rasa Mikutiene and Senior Associate Viktorija Varnaite.