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News from Members Dentons advises Dawn Capital on its investment into Flow.AI

Dentons advises Dawn Capital on its investment into Flow.AI

by May 30, 2023


One of the largest European Series A financings this quarter

Dentons, the preeminent global venture technology law firm, advised Dawn Capital, a London-based venture capital fund on its investment into Flow.AI, one of the largest European Series A financings this quarter.

Headquartered in the US, and with subsidiaries across Europe, Flowx.AI has raised a $35m Series A to accelerate growing demand for its technology. This is the largest Series A in the history of the Romanian startup ecosystem. The investors in the financing also included Hungary’s Day One Capital and PortfoLion, and Romania’s SeedBlink.

Founded by three Romanian second-time founders, Flowx.AI is a no code/full code development platform for mission-critical digital products in various sectors, such as banking, insurance, power and utilities.

The Dentons cross-border team was led internationally by partners Chris Errico (New York), Joseph Altendorff (London) and in Bucharest by partner Cristina Daianu who were further supported by a team of lawyers from across various offices including, Shaun Altshuller and Ben Walker (New York) and Cristina Marcu, Argentina Rafail, Nadia Al Battah, Iulia Titirisca, as well as partner Raul Mihu (all Bucharest).

This transaction highlights Dentons' Venture Technology and Emerging Growth cross-border capabilities in advising clients on their ambitious international ventures within the dynamic tech sector, offering comprehensive legal expertise and unparalleled strategic insights.



About Dentons

Dentons is designed to be different. As the world's largest global law firm with 21,000 professionals in over 200 locations in more than 80 countries, we can help you grow, protect, operate and finance your business. Our polycentric and purpose-driven approach, together with our commitment to inclusion, diversity, equity and ESG, ensures we challenge the status quo to stay focused on what matters most to you.


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