Published: 2020-08-05 10:07:52 CEST
Baltic Technology Ventures
Company Announcement

Baltic Technology Ventures AS has concluded an Investment / Consulting and Business Development Agreement with Zeew OU

Baltic Technology Ventures AS (BTV) has concluded an Investment / Consulting and Business Development Agreement with Zeew OU (Zeew), an Estonian based company specializing in providing turn-key scalable solutions for small businesses to provide home delivery services. Zeew is a leading provider of on-demand delivery technology to companies in more than 14 countries.

Mohammed Ghait, the CEO of Zeew commented: "We are thrilled to work with BTV and benefit from their investment expertise, market experience and access to funding.  In the current environment, our products and functionality are even more relevant as we are enabling small businesses to remain competitive. Our clients rely on Zeew technology as their only lifeline to business survival in these difficult times, and once the pandemic passes away our client's improved business efficiency will allow them to thrive".

BTV will aim to support and develop penetration of Zeew products into large fragmented "small merchant" markets like Eastern Europe, Latin America and the Middle East.

BTV is the only listed venture capital / business development firm focusing on the Baltic market, aiming to connect local innovation with deep experience and access to funding.

Member of the Management Board                                                             G.Zolotarev

         Contacts:
         Address: 1-5 Rupniecibas Street, Riga, LV-1010
         Phone: +371 67783611
         
         Contact person:
         Gene Zolotarev
         Member of the Management Board
         Phone: +371 67783601
         e-mail: gene@baltictechventures.com
         
         Certified consultant:
         Svetlana HramĨenko
         "Law Office Spridzans" Ltd.
         Phone: +371 26712718
         e-mail: svetlana.hramcenko@spridzans.lv