Dentons US LLP
06/18/2021 | Press release | Distributed by Public on 06/18/2021 11:10
Dentons advises Laika Universe Inc., on their Series A financing round for 12 million dollars
June 18, 2021
Bogotá - Dentons Cardenas & Cardenas is proud to have advised Laika Universe Inc., an e-commerce leader in the market for pet products and services in Latin America, on their 'Series A' financing round for 12 million dollars. In this transaction, Dentons Cardenas & Cardenas worked hand in hand with Dentons US alongside key foreign investors in the startup world, such as Jam Fund, a venture capital fund managed by Justin Mateen (Tinder's co-founder), YCombinator, InQlab and Streamlined Ventures, as well as important Colombian economic groups.
This deal involved various challenges, including the coordination of and negotiation with more than 30 investors located in more than 6 jurisdictions, as well as the design of a contractual structure that would allow SAFEs holders and new investors to participate on their own terms in the investment round.
Partner and co-director of our Mergers and Acquisition practice area, Mauricio Borrero (Bogotá), led the Dentons team on the deal, in collaboration with associate Gonzalo Reyes (Bogotá), counsel Adrian Stewart and associate Grant Levine (both New York).