The Kondracki Celej law firm has advised bValue venture capital fund on its investment in SEEDiA, a Krakow-based startup that produces intelligent solar furniture and benches. The investment value is up to PLN 3 million.
The investment was carried out by bValue's new investment fund, bValue Bridge, which aims at investing in R&D projects and startups in Poland.
"This is the second time that Kondracki Celej has assisted us in our investments this year," noted bValue Managing Partner Maciej Balsewicz. "In Poland's growing market, the opportunities for new projects are increasing dynamically, and we feel that it is very important to have an experienced and reliable legal advisor who understands the venture capital reality in Poland."
"We are pleased to have assisted bValue on yet another successful investment, and to have contributed to their next business growth," added Kondracki Celej Partner Rafal Celej, who led his firm's team on the transaction. "The investment, which included accomplished investor and experts with significant experience in SEEDiA’s sector, will help the company to develop its interesting product, which offers a unique solution that will revolutionize the furniture sector in Poland."