20
Thu, Jun
53 New Articles

K&L Gates and Dentons Advise on PFR Ventures Investment in Cogito Capital Fund

K&L Gates and Dentons Advise on PFR Ventures Investment in Cogito Capital Fund

Poland
Typography

K&L Gates has advised PFR Ventures on its investment in the Cogito Capital Partners fund, created to support startups in the growth phase. Dentons advised Cogito on the deal.

The finalization of the first closure of the Cogito Capital fund reached EUR 55 million. The financing granted by PFR Ventures within the framework of its KOFFI FIZ fund will amount to PLN 60 million, with the joint CVC fund from PFR and NCBR allocating up to PLN 43 million for the undertaking. 

The European Investment Fund will also invest up to PLN 107 million.

Cogito Capital Partners is a venture capital fund investing in technology companies from Central Europe, the Baltic States, Germany, and Switzerland. The fund primarily supports technological startups in the financial and insurance sectors (Fintech, Insurtech), medical devices, the Internet of Things, and robotics. 

According to K&L Gates, PFR Ventures is a so-called fund of funds, which together with private investors, business angels, and corporations, invests in venture capital funds.

K&L Gates Jamka's team consisted of Partner Michal Petz and Senior Associates Artur Kloc and Wanda Kudrycka. 

The Dentons team included, in Warsaw, Counsels Inga Dulska and Dariusz Stolarek and Investments Fund Coordinator Michal Kordaczuk, and Managing Partner Frederic Feyten and Partner Eduard Koster from the firm's Luxembourg office.     

Poland Knowledge Partner

Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

All News about, and Legal Analysis by, Wolf Theiss can be found here.

Firm's website: http://www.wolftheiss.com/

 

Our Latest Issue