White & Case has advised Eurazeo on the transaction. Krogerus advised IVP and Earlybird.
Aiven, a Finnish cloud scale-up, closed its US$210 million Series D fundraising.
The round was led by Eurazeo, with BlackRock as co-investor, as well as existing investors IVP, Atomico, Earlybird, World Innovation Lab and Salesforce Ventures. The fundraising values Aiven at over US$3 billion.
The investment will allow Aiven to continue its international expansion and hire new developers, to help develop new platform capabilities and launch a global sustainability program.
The White & Case team which advised on the transaction was led by partner Guillaume Vitrich (Paris) and included partners Clara Hainsdorf (Paris) and Janko Lindros (Helsinki) and associates Clément Cenreaud, Amélie Jungbluth, Laura Tuszynski, Louise Mouclier (all Paris) and Jussi Kukko (Helsinki).
The Krogerus team was led by Partner Jan Johanson, who was assisted by Associate Annika Mattila.
Involved fees earner: Jan Johanson – Krogerus Attorneys Ltd; Annika Mattila – Krogerus Attorneys Ltd; Clément Cenreaud – White & Case; Clara Hainsdorf – White & Case; Amélie Jungbluth – White & Case; Jussi Kukko – White & Case; Janko Lindros – White & Case; Louise Mouclier – White & Case; Laura Tuszynski – White & Case; Guillaume Vitrich – White & Case;