GESSEL provided legal support to btov Partners, the Luxembourg fund, on its investment in Neptune Labs (a developer of software used by data scientists in devising and streamlining machine learning processes).

Neptune Labs received from btov Partner’s Digital Tech Fund and Private Investor Network, TDJ Pitango and Rheingau Founders an injection of over USD 3 mln.

GESSEL provided btov Partners with advice on drafting and negotiation of the investment agreement and in preparation of the various corporate and technical documents, all along accounting for the multi-jurisdiction aspect (Neptune Labs’ dominant entity, incorporated in the state of Delaware, was also involved).

The lawyers involved included Michał Bochowiczmanaging associate and Weronika Zdeb, senior associate. The partner with overall responsibility for the project was Małgorzata Badowska.