KWKR Law Firm advised NCBR Investment Fund in joining an investment round in Digital First AI, a marketing technology (MarTech) company. The total value of the funding round was USD 3.8 million. The funding raised will strengthen the company’s international position and facilitate the implementation of its offering to large companies and corporations.
Our team was responsible for negotiating the transaction documents, governed by US law (state of Delaware), which required advanced knowledge of foreign regulations. KWKR’s scope of work also included tax advice.
Thanks to its close cooperation with international partners and its negotiating skills, KWKR successfully helped NCBR Investment Fund to make another investment. For NCBR Investment Fund, this was already the ninth transaction.
DigitalFirst.AI, which our client decided to invest in, is a revolutionary tool that offers a SaaS (software-as-a-service) model for selecting marketing strategies and creating advertising creations with the support of artificial intelligence, which saves time and optimises budgets.
The transaction was supervised by Paulina Opiełka, partner at KWKR and led by Jarosław Straś (associate), Paweł Machowski (associate) and Dominik Korybalski (associate), with Radosław Urban (associate) advising on tax issues.
As part of the transaction, we worked with US law firm Pillsbury Winthrop Shaw Pittman, representing Digital First AI Holding Inc. as well as Polish law firm LSW Bieńkowski, Laskowski, Leśnodorski, Melzacki i Wspólnicy, which advised NCBR Investment Fund partner 4growth VC.
We are therefore looking forward to NCBR Investment Fund’s tenth investment, and we hope that this will also happen with KWKR’s legal support!