GLIMSTEDT advised LitCapital on the launch of new venture capital fund LcX Opportunity Fund

Investment and Business Guarantees (INVEGA) and LitCapital team have signed an agreement to launch a new venture capital fund LcX Opportunity Fund. The newly established venture capital fund will implement the financial instrument Development Fund II launched by Ministry of Economy with a purpose of financing business development.

GLIMSTEDT has been acting as its legal advisor. The team was composed of partner Andrius Ivanauskas, senior associate Michailas Molis and associate Domantas Gudonis.

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