Bird & Bird advises Cloudberry VC on launching its first fund
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Finland
I am a partner and head of Tax in Helsinki, advising on domestic and international tax matters in corporate and personal income taxation. In addition, I specialise in advising private equity fund managers and fund investors on legal questions concerning private equity funds.
International law firm Bird & Bird has advised on the successful launch of Cloudberry VC Fund I, Europe’s first dedicated semiconductor venture capital fund. Cloudberry VC, headquartered in Helsinki and London, has closed €30 million to back European startups solving critical challenges in semiconductors, photonics, and advanced materials.
Ville Alahuhta, partner at Bird & Bird, commented: “Our team provided a comprehensive solution, covering all aspects of the fund’s formation, including contractual, tax, regulatory, and other legal matters. We are proud to have supported Cloudberry VC in this milestone.”
The Bird & Bird cross-border team was led by partner Ville Alahuhta (Tax) and included senior associates Elina Kaartinen (Tax) and Katariina Leino (Corporate), and associate Rondy Stenman (Corporate) in Finland, senior associate Eleonora Pavliouk (Finance) in Sweden, partner Caroline Bruyant Bonde (Finance) in Denmark, and partner Johannes Wirtz (Finance) in Germany.