Kocian Solc Balastic has advised Lumitrix, a video mapping software and hardware start-up developer and producer, on a joint venture with Y Soft Ventures.
Y Soft Ventures investment into Lumitrix amounted to USD 1 million. Video mapping is the audio-visual art of projecting images onto objects, which is largely used in the entertainment industry but also increasingly within the concept of smart cities.
According to KSB, its advice included "negotiations and drafting the investment and joint-venture agreements, right-of-first-refusal clauses, loan agreements and advice on corporate issues such as general meetings, transfers of shareholdings between shareholders and structuring of shareholdings.”