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Dentons Advises Dawn Capital on Leading USD 35 Million Flowx.AI Series A Round

Dentons Advises Dawn Capital on Leading USD 35 Million Flowx.AI Series A Round

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Dentons has advised London-based venture capital fund Dawn Capital on leading the USD 35 million Series A round for Flowx.AI joined by Day One Capital, PortfoLion, and SeedBlink.

According to the firm, "founded by three Romanian second-time founders, Flowx.AI is a no code/full code development platform for mission-critical digital products in various sectors, such as banking, insurance, power, and utilities."

"Headquartered in the US, and with subsidiaries across Europe, Flowx.AI has raised a USD 35 million Series A to accelerate growing demand for its technology. This is the largest Series A in the history of the Romanian start-up ecosystem," Dentons reported.

The Dentons team was led by New York-based Partner Chris Errico, London-based Partner Joseph Altendorff, and Bucharest-based Partner Cristina Daianu and included Bucharest-based Partner Raul Mihu, Counsels Cristina Marcu and Argentina Rafail, and Associates Nadia Al Battah and Iulia Titirisca, with further support from the firm's other offices.

The firm could not provide further information on the deal.

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Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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