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Kinstellar and Hladky Legal Advise on Localazy Investment Round

Kinstellar and Hladky Legal Advise on Localazy Investment Round

Czech Republic
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Kinstellar has advised Localazy's founder on the approximately EUR 500,000 venture capital investment into the company by Garage Angels, 12Bullets, Lighthouse Ventures, and JIC Ventures. Hladky Legal advised Garage Angels on leading the round. Hladky Legal and, reportedly, KroupaHelan also advised the other investors.

Brno-registered Localazy is a Czech start-up developing a technology-agnostic platform for translation management, Kinstellar reported. "The transaction marks a major milestone for Localazy and highlights the growing interest in the company's innovative approach to localization."

The transaction was interesting, according to Hladky Legal, due to the "syndication between the various investors active in Moravia and, also, for the fact that 12Bullets entered the investments scene and further strengthened the start-up ecosystem JIC Ventures is developing in Brno."

The Kinstellar team was led by Partner Jan Juroska and included Senior Associate Matej Vecera.

The Hladky Legal team included Lawyers Pavla Chamulova, Michaela Vymazalova, and Jan Hladky.

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PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

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