The Warsaw office of Greenberg Traurig has advised Venture Fundusz Inwestycyjny Zamkniety, managed by TFI Trigon S.A., in connection with the acquisition of a non-controlling stake in U.S.-based Seed Labs Inc., which is involved in the development of an end-to-end smart lighting platform using new transmission protocols.
The investment took the form of an acquisition of newly issued Series A Preferred Shares of the Common Stock and certain outstanding convertible notes converted into Series A Preferred Shares of the Common Stock at the closing of the initial equity investment.
The GT multinational team was led by Partner Rafal Sienski and Philadelphia-based Partner David Gitlin, supported by Warsaw-based Associate Mateusz Zalenski. London-based Partner Stephen Horvath advised on the structural issues and Delaware-based Partner Kelly Terribile – supported by Associate Justin Mann – advised on Delaware corporate law aspects of the transaction. London-based Of Counsel Godric Shoesmith advised on US securities laws, and Warsaw-based Partner Michal Fereniec supervised the legal due diligence review of Krakow-based Seed Labs sp. z o.o.
