Datapao Secures Investment from Databricks and Euroventures
Deal News | Aug 15, 2025 | CEE Legal Matters
Forgo, Damjanovic & Partners have advised Datapao on a successful capital raise involving investments from Databricks and Euroventures. Csovari Legal represented Euroventures, while Oppenheim advised Databricks. Databricks is a renowned global entity specializing in data, analytics, and artificial intelligence, and Euroventures is a venture capital firm based in Hungary. Datapao operates at the pivotal crossroad of data architecture, platform engineering, and education, aiding companies in transforming experimental AI solutions into scalable production-ready models. The legal teams involved consisted of various partners and associates from each respective advisory firm.
Sectors
- Data and Analytics
- Venture Capital
Geography
- Hungary – Euroventures is based in Hungary, and several legal advisory teams involved in the transaction are located there, marking the geographical relevance.
- Global – Databricks is a global company, adding an international dimension to the investment in Datapao.
Industry
- Data and Analytics – Databricks operates in the global data, analytics, and AI industry, making this classification relevant as it involves key participants from this sector.
- Venture Capital – Euroventures' involvement categorizes this deal within the venture capital industry, indicating investment activity in innovative technologies.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Datapao | Target | Company | A company that operates in data architecture, platform engineering, and education. |
| Databricks | Investor | Company | A global data, analytics, and AI company. |
| Euroventures | Investor | Company | A venture capital firm based in Hungary. |
| Forgo, Damjanovic & Partners | Legal Advisor | Company | Provided legal advice to Datapao during the capital raise. |
| Csovari Legal | Legal Advisor | Company | Advised Euroventures in the investment deal. |
| Oppenheim | Legal Advisor | Company | Advised Databricks on the investment in Datapao. |