We advised the BADideas.fund syndicate on their EUR 1 million funding of a platform empowering entrepreneurs, influencers, and online businesses to create and sell their own branded consumer packaged goods (CPG) without the need for an inventory or upfront costs.
About the BADideas.fund
BADideas.fund is an early-stage unicorn-builder syndicate, investing USD 100,000–200,000 in Central and Eastern Europe based globally ambitious B2B SaaS marketplace pre-seed and seed startups. The syndicate comprises a community of over 200 unicorn builders from more than 20 countries, who have scaled such companies as Deel, Wise and Twilio. Since its launch two years ago, BADideas.fund has invested more than USD 3 million in 25 startups and is now launching a EUR 20 million fund.
Our team and involvement
We provided comprehensive legal advice to the client on all aspects of the transaction. The team included partner Ramona Miglāne, and associates Alise Igale and Kate Berlaua.