Our team advised Veridion and several participants among which Hoxton and OTB, on Veridion’s USD 20 million Series A funding round, led by Hoxton Ventures alongside existing investors Underline Ventures, OTB Ventures, GapMinder, Day One Capital and LAUNCHub Ventures.
Veridion is an AI-powered business intelligence and data-as-a-service company that has built a continuously updated live business graph covering millions of companies worldwide, used by banks, insurers and investors to assess commercial risk and market opportunities in real time. The new funding will support the company's international expansion and a planned increase in its Romanian team.
This transaction is another example of a deep tech company with strong Romanian roots successfully making it on the global stage. It also underscores the contribution of Romania’s technology talent to the development of globally competitive businesses. We are grateful to Veridion, its founders and the investors who sought our advice for the continuous trust in our team
Cătălin Grigorescu
The firm’s team included Catalin Grigorescu, Managing Partner, and Anamaria Rotariu, Senior Associate (Corporate, VC and Tax), Cristina de Jonge and Denisa Kopandi (FDI), as well as other lawyers across the firm. US law firm Wilson Sonsini Goodrich & Rosati advised the company on the US aspects of this funding round.
Previously, bpv GRIGORESCU ȘTEFĂNICĂ advised Veridion and its founders on the company’s USD 6 million Seed funding round announced in February 2023.
Some of our firm’s work on notable VC transactions includes advising:
