Deals

PropTech, AI November 16, 2023

Fyma raises seed funds from Quadri and others for analysis of real-time video by AI

HLaw’s VC team advised Fyma OU on a share for share exchange group re-organisation where a UK holding company was put on top of the Estonian OpCo and then on the immediately subsequent investment by Quadri Ventures and Second Century in the US. Fyma’s tech integrates with camera software to provide real-time analysis of video feeds, focused in particular on large property managers and retail groups as customers (who are interested in help with occupancy analysis, footfall tracking, parking management, etc). We here at HLaw were pleased to have helped another client ‘do the UK flip’ and expect to see a bright future materialise quickly for Fyma from here.

Humphreys Law

Deal/project: Seed Investment Round

Date closed: October 2023

Space: PropTech, AI

Other lawyers and advisors: Sheridans acting for Quadri, Hedman acting for Fyma in Estonia

Total

£1.7 million

Invested
Team advising
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