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Act Botezatu Estrade Partners and DLA Piper Advise on Axeleo Capital’s Seed Round for Bright Spaces

Act Botezatu Estrade Partners and DLA Piper Advise on Axeleo Capital’s Seed Round for Bright Spaces

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Act Botezatu Estrade Partners has advised French VC fund Axeleo Capital on its seed round investment into Bright Spaces. DLA Piper advised Bright Spaces. Shoosmiths reportedly also advised Bright Spaces, while CEE Attorneys reportedly advised Romania's Sparking Capital, another investor in the round.

The EUR 1.5 million round also included UK's Pi Labs as well as several angel investors.

Bright Spaces is a Romanian property technology startup. According to Act Botezatu Estrade Partners, “the company develops an advanced digital leasing environment for landlords, agents, and tenants, including a 3D virtual staging tool for online tours that resemble live visits and provide the opportunity to interact with multiple fit-out proposals.”

Act Botezatu Estrade Partners’ team included Managing Partner Stefan Botezatu and Managing Associate Andrei Hancu.

DLA Piper’s team included Country Managing Partner Marian Dinu, Counsels Cristina Bucur and Ana Maria Andronic, and Attorney Sandra Cahu.

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Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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