SSK&W law firm advised Xplorer Fund on its exit from Photon Entertainment. Xplorer Fund sold all its stake in the company to Fidiasz ASI achieving a tenfold return on investment. It is worth to add that a few years ago Szymon Syp advised Fidiasz ASI on its investment into Photon Entertainment.
The legal advisory included verification of the transactional documentation to secure the interest of Xplorer Fund.
More information about the transaction:
Xplorer Fund is a BRIdge Alfa fund which has already concluded its investment period and now considers exits from its portfolio companies. More: https://www.meta-group.com/impact-story/proof-of-principle-concept-co-investment-fund-for-science-based-companies/
Photon Entertainment is a leader of solutions in the edtech industry. The company is the creator and manufacturer of the globally innovative Photon educational robot and an entire ecosystem of educational products, including educational kits, a portal for the teacher community and an academy with courses.
SSK&W provides services to VC funds when investing in technology companies (in pre-seed, seed and subsequent rounds, including pre-IPO), as well as when exiting the investment.