Cytowski & Partners has advised Warsaw-based AI Clearing on its USD 14 million series A investment round with Prudence VC, joined by existing investors Tera Ventures, Inovo VC, and Innovation Nest. Boston-based Nixon Peabody advised the new investor.
Prudence is a New York-based seed and series A venture capital fund. Tera Ventures is based in Estonia, while Inovo VC and Innovation Nest are both based in Poland.
AI Clearing is building AI-based software for the construction sector, specializing in construction progress monitoring through their AI Surveyor Engine SaaS platform. The company has offices in Warsaw, Paris, and Austin, with clients in the US, Europe, and the MENA region.
The Cytowski & Partners team included Partner Tytus Cytowski, Counsel Michal Fert, Lawyer Eresi Uche, Associate Heidi Fan, and Law Clerks Kunal Kolhe and Fabiana Centurion Morales.
