AVELLUM ADVISES ON INVESTMENT OF ROOSH IN NEURONS LAB

AVELLUM acted as the legal counsel to all parties of the transaction in connection with the acquisition of a minority stake in Neurons Lab by Roosh.

AVELLUM provided full legal support in drafting and negotiating transaction documents as well as in coordinating signing matters.

For Roosh, this deal became the first investment since the beginning of the full-scale war in Ukraine.

Roosh is a Ukrainian tech company that creates and invests in AI and ML-focused projects. The business-ecosystem of Roosh includes: venture studio Pawa, venture fund Roosh Ventures, community-building platform AI HOUSE, educational online platform AI HOUSE CLUB, technological university SET University, start-ups Reface and ZibraAI.

Neurons Lab is an AI R&D company that helps innovators accelerate the development and launch of data-driven products. The Neurons Lab team has expertise in fundamental science and full-stack AI/ML development.

The AVELLUM team was led by partner Yuriy Nechayev with support from senior associate Anton Arkhypov, associates Maryna Buinytska, Oleksandr Kozhukhar, and Anastasiia Karpenko.