Ingenix Secures EUR 9 Million in Seed Investment
Deal News | Apr 15, 2025 | CEE Legal Matters
Gide and DLA Piper have played significant roles in a EUR 9 million seed investment round for Ingenix.ai, with Gide advising Inovo Fund III SCSp and DLA Piper advising Ingenix. The investment round also saw participation from OTB Ventures and the International Finance Corporation. This funding aims to support Ingenix in further developing its AI platform that could potentially revolutionize clinical trials. Ingenix is working on a model that predicts clinical trial outcomes with high accuracy by analyzing biological data at various levels. The legal teams involved were from Gide, with key members including Partner Pawel Grzeskowiak, and DLA Piper, with significant contributions from Warsaw-based Partner Rafal Kluziak, among others.
Sectors
- Biotechnology
- Legal Services
- Venture Capital
Geography
- Poland – Gide advised Inovo Fund III and DLA Piper's Warsaw team was involved, highlighting Poland's relevance in the transaction.
- United Kingdom – Lawyers from DLA Piper's Leeds and London offices were also involved in the advisory process.
Industry
- Biotechnology – Ingenix.ai operates in the biotech sector, focusing on developing AI models for clinical trials.
- Legal Services – The article involves significant roles for legal firms Gide and DLA Piper who advised on the investment round.
- Venture Capital – Inovo Fund III SCSp, a venture capital firm, was a key investor in this funding round.
Financials
- EUR 9 Million – The total amount of the seed investment round for Ingenix.ai.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ingenix.ai | Target Company | Company | A biotech firm focused on developing AI models for clinical trials. |
| Inovo Fund III SCSp | Investor | Company | A fund owned by Inovo.vc, involved in the latest seed funding round for Ingenix. |
| OTB Ventures | Investor | Company | A participant in the EUR 9 million seed investment for Ingenix. |
| International Finance Corporation | Investor | Company | Participated in Ingenix's seed investment round. |
| Gide | Legal Advisor | Company | Advised Inovo Fund III SCSp during the transaction. |
| DLA Piper | Legal Advisor | Company | Advised Ingenix during the seed investment process. |