Latest Assignments

TRINITI advised Krakul OÜ, Estonia’s leading Internet of Things (IoT) and autonomous systems development company, and its shareholder in an acquisition by Bercman Technologies, a Nasdaq First North listed deep-tech company developing traffic safety solutions. Read moreAS Bercman Technologies (Bercman), Krakul Holding OÜ, and Krakul OÜ concluded a conditional swap for the share of a private limited company and shares of a public limited company as a result of which Bercman acquired 100% shareholding in Krakul, whereas the acquisition of this shareholding was paid for in the shares of Bercman. TRINITI partner and co-head of the Transport & Infrastructure practice group Tõnis Tamme together with associate Peeter Mõtsküla, head of the TRINITI Start-Up practice group advised Krakul and its parent company Krakul Holding in all legal matters related to the transaction.

TRINITI Estonia, in association with Norton Rose Fulbright, advised BayWa r.e. Energy Ventures on its investment into Estonian solar power-generating roofing technology start-up Roofit.solar. BayWa r.e. was the lead investor in the €6.4M Series A investment round, the proceeds of which will be mainly used to boost the company’s export and production capacity and to develop new products. Led by partner Ergo Blumfeldt (Mergers & Acquisitions / Private Equity) TRINITI’s Tallinn-based team included associate Peeter P. Mõtsküla (IP/IT).

TechX Technologies Inc. (OTC: TECXF) entered into a share purchase agreement to acquire a 100% interest in Mobilum OÜ for C$16,000,000. TRINITI’s team consisting of Ergo Blumfeldt, Ain Kalme, Sten Veidebaum and Peeter Mõtsküla advised TechX Technologies Inc. in Estonian local law matters for the share purchase agreement and in conducting a legal due diligence. Read moreTechX Technologies Inc. is a company focused on emerging technologies across growth sectors including: crypto, blockchain, AI and cloud technologies. Mobilum, a financial technology start-up that provides the fiat infrastructure to the cryptocurrency industry, is a licensed plug-and-play fiat-to-crypto gateway and payment processing technology solution for exchanges, wallets, brokers, liquidity providers, and cryptocurrency businesses. Its on-ramp and off-ramp solution enables integration for businesses with users who buy and sell cryptocurrencies with credit and debit cards. TRINITI is a Pan-Baltic law firm specializing in business law.

TRINITI advised Parnassus OÜ in selling certain software copyrights to Embarcadero Technologies, Inc., an American software house. Our assignment included negotiating the terms of the copyright assignment agreement with regard to the scope of rights to be transferred to the purchaser, and to the distribution of tax risks arising out of the cross-border sale of intellectual property rights. The components developed by our client shall become part of RAD Studio, Delphi, and C++Builder, a well-known IDE for rapid application development of cross-platform software.

We advised SpectX in creating the general licensing terms for their software and a technological solution that enables the client to enter special terms of the license into a cryptographically secured key file. The innovativeness of the solution lies in the fact that a single key file can contain both machine-readable special terms (e.g. the term of the license) and human-readable ones (e.g. a clause, according to which the software may only be used for teaching or scientific research purposes). An agreement made in this way makes it easier to ensure the lawfulness of software usage. Read more

We advised Estonian Environmental Research Centre in acquisition of IP rights in Airviro air quality management system. Estonian Environmental Research Centre replaced the former co-operation partner Swedish Meteorological and Hydrological Institute among the owners of the Airviro system and  continues to develop the Airviro software in co-operation with Apertum IT AB as software and commercial partner