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Click & Grow raises over 11 million US dollars

  • Estonia
  • General

01-11-2018

Eversheds Sutherland’s teams in Estonia and the US advised the producer of smart indoor gardens Click & Grow in the closing of a financing round through which the company raised over 11 million US dollars.

The principal investor in this financing round was Ingka Group, operating IKEA stores, followed by SEB Alliance, the corporate venture arm of French Groupe SEB, the US seed accelerator Y Combinator, Yunqi VC, a venture capital firm from China, as well as United Angels VC, a venture capital fund based in Estonia.

The largest market of the smart garden producer Click & Grow is in the US, followed by the EU and Singapore. Today the company is selling its third-generation smart gardens.

The legal advisors were Managing Partner Maivi Ots and Legal Counsel Marten Amjärv.

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