Foley Represents Ironspring Ventures as Lead Investor in $5M Seed Round for Solvento

Foley & Lardner LLP recently represented Ironspring Ventures as the lead investor in the $5 million seed round for Solvento, the first fintech focused on the transportation sector in Mexico. Ironspring Ventures was joined by Quona Capital, Proeza Ventures, Dynamo Ventures, Zenda Capital, Susa Ventures, 9yards Capital, and Supply Chain Collective. Solvento is transforming Mexico’s […]
Foley Represents Vidia in $1.73M Seed Funding Round

Foley & Lardner LLP recently represented Brazilian startup Vidia in its $1.73 million (R$9 million) seed funding round, led by Caravela Capital. Vida is a startup that connects patients to private hospitals with idle capacity in the operating room. The digital platform enables elective surgeries for people who do not have a health plan. By offering a […]
Louis Lehot Discusses Startups Accepting Investor Friendly Terms to Preserve Valuations

Foley & Lardner LLP Partner Louis Lehot is quoted in The Information article, “Startups Avoid Valuation Cuts With ‘Up Rounds in Name Only,’” discussing the growing trend of startups securing funding at higher valuations through giving investors friendlier deal terms. Lehot commented that investors are getting better terms than in 2021, telling the publication that two-thirds of middle- […]