Lithuanian company received €300,000 in start-up investment

WINT advised and represented uNTu, a real estate technology start-up company, in attracting an investment of €300,000 from the venture capital fund 70Ventures.

uNTu is developing a valuation tool that helps to determine the actual price of properties and simplifies the selling process. The investment is intended for launching the property valuation and selling platform in Lithuania and expanding it to a foreign market. More than 60,000 customers used the start-up’s service until the date of the conclusion of the transaction in 2019.

The WINT’s legal team drafted contracts concerning the implementation of the transaction and provided legal advice to the client during the negotiation stage. The project was led by Marius Matiukas and associate Edvinas Džulis.