The Osborne Clarke in the Netherlands team has again advised the Bitfury Group on its investment in Axelera AI B.V., a company designing the world’s most efficient and advanced solutions for AI at the edge. The $12 million seed round led by Bitfury was joined by global nanoelectronics R&D center imec and deep-tech venture capital funds Innovation Industries and imec.xpand.

Earlier this year the team advised LiquidStack (part of the Bitfury Group) on its $10 million Series A financing round.

The Osborne Clarke team was led by Partner Herke van Hulst and consisted of Senior Associate Wouter Kok and Associate Deniz Xinyi Bussing (Corporate M&A).

Osborne Clarke’s corporate team is considered a go-to practice for many companies in the Tech, Media and Comms sector, working with global businesses to fast-growth market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.

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