Kondracki & Celej and the London office of Orrick, Herrington & Sutcliffe have advised Black Pearls VC on PLN 3 million financing as part of Deep.BI seed round, which resulted in a total of PLM 4.8 million (EUR 1.1 million). The remaining 1.8 million PLN was raised from Polish business angels related to the media industry: Piotr Walter, Tomasz Jozefacki, Krzysztof Debowski, and Adam Sawicki.
Earlier, the National Center for Research and Development provided Deep.BI with PLN 7 million to implement a project aiming at expanding the capabilities of analysis and data science solutions with intelligent subscription sales tools such as content recommendations and irregularity detection.
Deep.BI is an analytical tool based on proprietary real-time data platform that equips digital media publishers with full knowledge of their audience’s response to the content they publish. Deep.BI tools are already used by Gremi Media, SME, De Groene Amsterdammer, and Human Rights Watch.
The Kondracki & Celej team was led by Partner Rafal Celej and included Associates Ewelina Macewicz and Karolina-Piotrowska-Andryszczyk.
The Orrick, Herrington & Sutcliffe team was led by Partner Shawn Atkinson.