Start-ups, Venture Capital and Cryptocurrency

Weinhold Legal provided comprehensive legal advice to Cryptelo s.r.o. in the preparation and successful implementation of the issue of its own cryptographic CRL under the so-called ICO - initial coin offer. Cryptelo s.r.o. deals with the encryption of data for the commercial sphere with the highest level of security. The resources obtained at ICO are used to further develop its products. The public phase of the ICO ended on 30th April, 2018, with the acquisition of digital resources to the satisfaction of the client.

Weinhold Legal has successfully advised Czech technology company ThreatMark in its Series A financing round, securing an investment exceeding $23 million from London-based Octopus Ventures and global investment firm The Riverside Company.

Resistant AI

Weinhold Legal is proud to have advised to Resistant AI, a Czech-based fintech firm specializing in AI-powered fraud prevention, in its $25 million Series B funding round. Led by DTCP Growth, with continued support from Experian, Notion Capital, and GV (formerly Google Ventures), this round brings the total capital raised by the company to $53 million. Resistant AI is also supported by the local VC fund, Credo Ventures.

Drinks Union

Weinhold Legal provided legal services to the vendor, including assistance in organisation of bidding procedure, negotiation assistance, drafting and commenting on the Czech and English law governed transaction documentation and related advice, on the sale to Heineken of Drinks Union, one of the largest Czech brewery groups including four breweries located in North and East Bohemia (two in Ústí nad Labem, and one in Louny and Kutná Hora), with a total beer production capacity of nearly 1 million hectolitres, more than 500 employees, turnover exceeding a billion CZK and the brand portfolio consisting of the national brand Zlatopramen and the regional brands Březňák, Louny, Lorec, Jarošov, Pivrnec and Dačický brands. Our services also included a split-off of the third largest Czech liquor production business from the beer business into a newly created subsidiary Granette.

Flow East

Weinhold Legal assisted Flow East in connection with spin-off of operational part of Hotel Jalta into new company as well as spin-off of real estate of Hotel Jalta with merger into an existing company. Legal services included preparation and finalization of complex spin-off documentation, including representation of companies involved in subsequent administrative proceedings.