Private Equity & Venture Capital
Private Equity, Venture Capital & Startups
July 18, 2022

TRINITI advised Fractory Solutions in acquiring a EUR 4 million venture debt

TRINITI advised Fractory Solutions, an on-demand metal fabrication platform, in acquiring a EUR 4 million venture debt from Kreos Capital.

Fractory Solutions is a high-growth Estonian startup. It connects engineering companies to production capacity online, providing instant access to manufacturing processes – including laser, sheet and tube cutting and CNC machining. It improves efficiency, accessibility and quality. Through its cloud-manufacturing platform, which offers on-demand fabrication services online, Fractory makes manufacturing more sustainable. Fractory Solutions operates in Estonia, the Nordic countries, United Kingdom and the United States of America.

From TRINITI the transaction was advised by attorneys-at-law Valter Võhma, Sten Veidebaum and Peeter P. Mõtsküla. TRINITI, working in co-operation with Browne Jacobson LLP from the UK, advised the client in all aspects of the deal, including negotiations, deal documentation and the closing processes.

For more information please see: https://arileht.delfi.ee/artikkel/120029670/fractory-kaasas-uhendkuningriigis-olulise-investeeringu-uutele-turgudele-laienemiseks; https://www.insidermedia.com/news/deals/manufacturing-business-secures-further-funding