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Wierzbowski Eversheds Sutherland and Kondracki Celej Advise on EEC Magenta Investment in Reliability Solutions

Wierzbowski Eversheds Sutherland and Kondracki Celej Advise on EEC Magenta Investment in Reliability Solutions

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Wierzbowski Eversheds Sutherland has advised EEC Magenta on the PLN 13 million round B funding of Reliability Solutions, which was advised by Kondracki Celej. Icos Capital, reportedly advised by DWF, was also involved in investment in Reliability Solutions.

According to Wierzbowski Eversheds Sutherland, this was the first investment by the EEC Magenta fund, developed by Tauron, PFR Ventures, the National Centre for Research and Development, and EEC Ventures.

Reliability Solutions was founded in 2014 at the AGH University of Science and Technology in Krakow. The company uses AI-based solutions to solve complex problems currently facing industry.

Wierzbowski Eversheds Sutherland reports that following successful pilot projects and full rollouts in Central Europe, Reliability Solutions will use the funding it received for growth and expansion in countries of Western Europe.

The Wierzbowski Eversheds Sutherland team consisted of Partner Michal Karwacki, Senior Associate Natalia Burchardt, and Lawyers Malgorzata Derus, and Kamil Ciodyk.

The Kondracki Celej team included Partner Rafal Celej and Associate Karolina Piotrowska-Andryszczyk.

The DWF team reportedly included Partner Michal Petz and Senior Associate Artur Kloc.

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