Țuca Zbârcea & Asociații has advised Accel Partners on a $153 Million Series B capital raise by UiPath (the most widely adopted enterprise RPA platform). The new financing will be used to accelerate the company’s product roadmap, particularly innovations that integrate machine learning (ML) and AI algorithms within customers’ digital business operations. Further to this investment, UiPath becomes the first Romanian tech unicorn.

The firm has been previously retained by Accel for legal assistance services in relation to a $30 million Series A investment into UiPath.

The core team of lawyers from Țuca Zbârcea & Asociații included Sorin Vlădescu (Partner), Mihaela Nyerges (Managing Associate), Gabriela Anton (Partner - Banking), Alexandra Pereș (Managing Associate - Real Estate), Andreea Oprișan (Managing Associate - Competition), Bogdan Halcu (Managing Associate - IP), Ciprian Timofte (Managing Associate - Data Privacy), Mihai Anghel (Managing Associate - Employment).

For further details, please go to www,tuca.ro