The Aksan Law Firm has advised portfolio manager Maxis and venture capital fund Founder One on their investment in UnoMoi.
UnoMoi is an online platform for renting designer apparel and accessories with a monthly subscription service. The company aims to reduce textile consumption-related carbon emissions.
Founder One is an Istanbul-headquartered venture capital fund that specializes in early-stage technology-focused investments. Maxis is an Istanbul-headquartered venture capital, private equity, and portfolio management company.
"The textile industry is the second largest polluter in the world," UnoMoi Co-Founder Ayse Kefli commented. "With our business model, which is based on sustainability, we aim to say 'stop' to this fast production while extending the life of clothes. This is exactly why it is very important for us to get the support of Founder One, a new generation impact fund established by Turkey's leading institutions and investors, which set out with the motto of supporting initiatives that aim to solve social and environmental problems."
Earlier this year, Aksan also advised Maxis on its investment in education platform MentalUP (as reported by CEE Legal Matters on January 12, 2023).
The Aksan team was led by Partner Alper Onar and included Managing Associate Emre Subasi and Associate Betul Colak.
Aksan did not respond to our inquiry on the matter.