Sigvi raises €1.2 million from Superhero Capital and other investors

Sigvi has raised €1.2 million from Superhero Capital and other investors. NOOR advised Sigvi and its founders throughout the funding round.

Sigvi develops a car rental platform and is expanding beyond Lithuania. The new funding will support the company’s further growth, including its expansion in Poland.

NOOR advised the client from negotiating the key terms through the preparation of investment documents, negotiations and closing. The legal work focused on aligning the interests of the founders and investors and translating the agreed terms into a clear and workable transaction structure.

“A funding round is about founders and investors aligning around the goal of building the company’s value together. Our role is to advise them and turn that alignment into a clear, practical transaction structure,” says NOOR Partner Evaldas Petraitis.

Team: Partner Evaldas Petraitis and Associate Andrėja Novikaitė.