12. 12. 2018
HAVEL & PARTNERS’ legal team, led by partner Vaclav Audes and associate Ivo Skolil, has provided comprehensive legal advice to Codasip, a technology company that is the leader in the development and manufacture of RISC-V processors.
The advice was related to the investment of international investors in the Brno-based start-up in the total amount of USD 10 million, i.e. about CZK 228 million.
The investors are France-based VENTECH CAPITAL, China-based Shenzhen Capital, Germany-based Paua Ventures, and the world’s leading data storage manufacturer, U.S. based Western Digital. These companies will thus join the Czech investor – the investment fund Credo Ventures – in the list of strategic investment partners.
The new investment will help Codasip not only to expand its development department in Brno, but also to develop sales in Asian markets and the USA.