CybExer Technologies Secures Investment from SEB
Deal News | Jan 27, 2025 | CEE Legal Matters
CybExer Technologies, an Estonian company specializing in cybersecurity testing and training solutions, has received an investment from SEB via its EUR 20 million Venture Debt program. This program is dedicated to providing debt investments to high-growth companies across the Baltic region. The investment aims to bolster CybExer's technological advancements and market reach within the cybersecurity landscape. Legal advice for CybExer's investment dealings was provided by the Cobalt legal team, which featured Partners Marina Kotkas and Kristel Raidla-Talur, supported by Senior Associates Christine Magi and Marten Amjarv. Despite an inquiry, Cobalt did not provide further comments on the transaction.
Sectors
- Cybersecurity
- Financial Services
- Legal Services
Geography
- Estonia – CybExer Technologies is based in Estonia, making it the primary geography for the company.
- Baltic Countries – SEB's Venture Debt program is targeted at high-growth companies in the Baltic region, which includes Estonia.
Industry
- Cybersecurity – CybExer Technologies operates within the cybersecurity industry, providing testing and training solutions.
- Financial Services – SEB is involved in providing financial services through its Venture Debt program for high-growth companies.
- Legal Services – Cobalt, a legal advisory firm, provided legal services for the investment deal.
Financials
- EUR 20 million – The amount in the SEB Venture Debt program for high-growth companies in the Baltic countries.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CybExer Technologies | Target | Company | An Estonian company specializing in cybersecurity testing and training solutions. |
| SEB | Investor | Company | A financial services provider offering a EUR 20 million Venture Debt program for high-growth companies in the Baltic region. |
| Cobalt | Legal Advisor | Company | A law firm providing legal advisory services for the investment transaction. |
| Marina Kotkas | Partner | Person | Partner at Cobalt involved in the advisory team. |
| Kristel Raidla-Talur | Partner | Person | Partner at Cobalt involved in the advisory team. |
| Christine Magi | Senior Associate | Person | Senior Associate at Cobalt involved in the advisory team. |
| Marten Amjarv | Senior Associate | Person | Senior Associate at Cobalt involved in the advisory team. |