Ice Cream Launches STO

A Lithuanian ice cream shop chain called Soprano is to launch an STO to raise capital to expand into Europe.

They have been on in Lithuania for 18 years, and now they have just done investment round one

The network, comprised of seven shops operating in Vilnius, Kaunas and Klaipėda is soon starting its second funding round, which will be done in the form of an STO.

The business currently has 46 employees and EUR 1-2 million turnover, and is looking to expand into Latvia, Estonia, Poland, Germany and other countries.

Full info here.