FinLab EOS VC participates in € 2 million financing round of TAIKAI
Munich — DLA Piper advised FinLab EOS VC Fund on an investment in a Euro 2 million financing round for the Portuguese blockchain-based open innovation platform TAIKAI. Existing investor Bright Pixel and new investor Portugal Ventures also participated in the financing round, which is expected to drive TAIKAI’s international expansion in Europe and Brazil, as well as the development of recruiting solutions for enterprises and startups.
TAIKAI was founded in 2018 as an open innovation platform to create a talent marketplace where companies and new talents can connect, present their individual projects and problems, and find crowdsourcing-based solutions. Hackathons are used as a tool to find, test, and validate new ideas, products, and talent around the world. In recent years, TAIKAI has grown rapidly to become a global open innovation platform with a community of more than 50,000 innovators.
The FinLab EOS VC fund, managed by C3 Management GmbH, is a partnership between Block.one and FinLab, a global investor in financial services technologies and blockchain. Based in Frankfurt, C3 Management GmbH is an asset management company focused on managing venture funds that invest in blockchain technology companies worldwide. The EOS VC fund focuses on early and growth-stage technology companies and usually takes a minority stake.
Advisor FinLab EOS VC Fund: DLA Piper
Lead Partner Simon Vogel (Corporate/Private Equity, Munich). Also involved from DLA Piper’s Lisbon office were partner João Costa Quinta (IPT) and senior associates Ana Isabel Vieira (corporate) and Daniela Rosa (employment).