KWKR Law Firm was pleased to support the Luxembourg-based investment fund Radix Ventures in its accession to Naco Technologies, a Latvian company specialising in the development of hydrogen technologies (production of nano-coatings for green hydrogen systems). This investment was part of the company’s next round of funding and amounted to €1.5 million.
Our services included comprehensive legal services, including negotiation of the investment agreement with the company and its shareholders. At the same time, we coordinated with local legal advisors in Latvia to ensure Radix Ventures’ smooth and compliant entry into the company as a new investor.
This project was of particular interest to us, as it is not every day that we are in contact with Latvian law. This cooperation allowed us not only to successfully achieve the client’s stated investment objectives, but also to expand our competence to a new, albeit close, and extremely interesting market.
Thanks to effective negotiations and close cooperation with local advisors, we were able to optimise the investment process, which contributed to building a solid business relationship between Radix Ventures and Naco Technologies.
The transaction was overseen by Paulina Opiełka, partner at KWKR, with the support of senior associate Rafał Wiliński.
KWKR Law Firm has once again confirmed its competence in effectively supporting international investment projects, contributing to the development of innovative technologies on the Polish and European markets.