Erdem & Erdem has advised Akinon on securing a USD 20 million Series B investment from the Actera Group, Revo Capital, and Endeavor Catalyst. BTS & Partners advised Revo Capital and Endeavor Catalyst on the deal. The Verdi Law Firm reportedly advised the Actera Group.
Akinon is a privately held software developer that provides omnichannel commerce solutions to retail brands worldwide. The company was founded in 2016 and has offices in London, Dubai, Athens, and Istanbul. According to Erdem & Erdem, Akinon "operates in 17 different countries and aims to become one of the world's largest digital commerce platforms in three years."