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News

Weinhold Legal advises technology security start up Resistant AI

30.04.2020
Company: Weinhold Legal, v.o.s. advokátní kancelář

Major Czech and Slovak law firm Weinhold Legal advised technology security start-up Resistant AI (formerly Bulletproof.AI) on its recent venture financing round. The co-lead investors are Credo Ventures and Index Ventures, with Seedcamp and angel investors also contributing.
 
Resistant AI was founded in 2019 by Cognitive Security founder Martin Rehák, together with other ex-Cognitive team members and develops systems to protect AI systems from targeted manipulation, adversarial machine learning attacks and advanced fraud. In its relatively short existence so far, Resistant AI has been engaged by a number of global businesses to advise upon their AI software security systems and to provide world-class solutions. Resistant AI, which has offices in Prague and Brussels, has grown considerably recently and will use its newly raised capital to expand its presence in the US and global software security markets.
 
A Weinhold Legal team led by partners Pav Younis and Martin Lukáš and assisted by associate David Hlaváček, advised Resistant AI on all aspects of the financing round.  Weinhold Legal had already supported Resistant AI in its founding stage. Pav Younis and his team regularly advise technology start-ups on venture capital financing rounds.
 
Martin Rehák, CEO of Resistant AI commented “The complexity and international nature of the financing round required lawyers familiar with international financing and the ability to work with US VC finance and transaction documents and corporate structures. Pav and the Weinhold Legal team did just that, providing sound commercial advice, flexibility of approach, with excellent response times and a great ability to work under pressure.”
 
Further information on the transaction here: forbes.cz, lupa.cz or ihned.cz.

About Weinhold Legal
 
Ever since the establishment of its Prague office in 1996, Weinhold Legal has maintained a strong presence on the Czech legal market. The law firm currently boasts a team of more than forty highly-qualified experts. Weinhold Legal was in the LAW FIRM OF THE YEAR 2019 awards, held under the auspices of the Minister of Justice of the Czech Republic and the Czech Bar Association, as a "Highly recommended law firm" in the category of Corporate Law, Mergers & Acquisitions and Czech Firm on the International Markets and as a "Recommended law firm" in the categories of Competition Law, Banking & Finance, Capital Markets, Real Estate/Development, IP/IT, Labour Law, Tax Law, Litigation and Arbitration, Telecommunication and Media and Restructuring & Insolvency. Weinhold Legal has been highly ranked in international client guides to the best law firms on the market today, among them Legal 500, Chambers Europe and Chambers Global, and IFLR. For more information, please visit our website at http://www.weinholdlegal.com

Tags: Law | Economics | IT |

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