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Greenberg Traurig advised OTB Ventures in the launch of OTB Space Program I

WARSAW, September 23, 2020 - Greenberg Traurig represented OTB Ventures, a leading venture capital firm specialized in investments in technology companies originating in Central and Eastern Europe (CEE), in the launch of a dedicated investment vehicle to support Europe’s leading space technologies - OTB Space Program I – backed by the European Investment Fund and the European Commission through the InnovFin for Equity programme.

Coinciding with the launch OTB Space Program I, OTB Ventures and its managed funds have committed USD 30 million in equity investment in ICEYE, a European leader in small satellite synthetic-aperture radar (SAR) technology. This investment by OTB Ventures forms a cornerstone to ICEYE’s USD 87 million series C funding round.

The Greenberg Traurig team working on the transaction included Partners: Aleksander Janiszewski, Thédoor Melchers, Wietse de Jong, Cees van Oevelen, Thomas van der Vliet and Sabine Schoute, Of Counsel Lilian Welling-Steffens, Senior Associate Paulina Kimla-Kaczorowska, Associate Jeroen Den Dunnen and Senior Associate Paul Schouten

Greenberg Traurig

Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2200 attorneys serving clients from 40 offices in the United States, Latin America, Europe, Asia, and the Middle East.

Greenberg Traurig Grzesiak sp. k. was named the 2019 and 2018 Most Innovative Law Firm of the Year Award for Poland by International Financial Law Review (IFLR) and the 2017 Law Firm of the Year in Poland by Chambers and Partners. The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of approximately 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution and TMT.

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