DZP has advised True Global Ventures, a global investment group involved in technology and AI projects, on providing financing to the company Giganci Programowania, a Polish education and technology startup. DZP's client carried out an entire investment round, as a result of which it invested EUR 6.4 million in the project through its TGV 4 Opportunity fund.
Although the creators of the programming school conduct their core activities in Poland, they also offer their services on, inter alia, the Spanish, Croatian, Mexican, Chilean, German and Slovakian markets. The investment funds will enable them to further develop their brand and strengthen their position on the international market.
In addition to True Global Ventures, an investment in the company was also made by PortfoLion Capital Partners, a venture capital and private equity fund manager in the CEE region which actively invests in small and medium-sized enterprises in various sectors. Through the Portfolion Regionális Magántőkealap II fund, the entity invested EUR 2.1 million in the Polish project, thereby increasing the originally envisaged level of investment.
The advice to TGV which was provided by Katarzyna Biarda, Katarzyna Wójcik and Maciej Zajda, who specialise in venture capital transactions on the venture capital market, included the preparation of the investment agreement and other transaction documentation, as well as support in negotiations and a legal due diligence.