vLayer Labs Secures USD 10 Million Pre-Seed Funding with Kondracki Celej's Support
Deal News | Nov 08, 2024 | CEE Legal Matters
vLayer Labs, a company focused on developing an infrastructure layer for integrating real-world data into Ethereum smart contracts, has completed a USD 10 million pre-seed funding round. Leading law firm Kondracki Celej advised vLayer Labs on this funding, with notable participation from a16z crypto CSX, Credo Ventures, and Blocktower VC. Latham & Watkins was reported to have advised a16z in the transaction. This funding is expected to support vLayer Labs in further developing its technologies to enhance blockchain function and interoperability. The advisory team from Kondracki Celej consisted of Partner Rafat Celej, Senior Associate Arkadiusz Klejnowski, and Associate Weronika Dabrowska.
Sectors
- Blockchain Technology
- Legal Services
- Venture Capital
Geography
- Poland – Kondracki Celej, the advisory law firm, is based in Poland.
Industry
- Blockchain Technology – vLayer Labs operates in the blockchain technology sector, developing an infrastructure layer for Ethereum smart contracts.
- Legal Services – Kondracki Celej and Latham & Watkins are law firms involved in advising on the funding transaction.
- Venture Capital – VC firms such as a16z crypto, Credo Ventures, and Blocktower VC participated in the funding round for vLayer Labs.
Financials
- USD 10 Million – The amount raised by vLayer Labs in their pre-seed funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| vLayer Labs | Target Company | Company | A company that develops an infrastructure layer for Ethereum smart contracts. |
| Kondracki Celej | Legal Advisor | Company | A law firm that advised vLayer Labs on the pre-seed funding round. |
| a16z crypto | Investor | Company | A venture capital firm that participated in the funding round. |
| Credo Ventures | Investor | Company | A venture capital firm that participated in the funding round. |
| Blocktower VC | Investor | Company | A venture capital firm that participated in the funding round. |
| Latham & Watkins | Legal Advisor | Company | A law firm that reportedly advised a16z crypto. |
| Rafat Celej | Partner | Person | Partner at Kondracki Celej who was involved in advising vLayer Labs. |
| Arkadiusz Klejnowski | Senior Associate | Person | Senior Associate at Kondracki Celej who was involved in advising vLayer Labs. |
| Weronika Dabrowska | Associate | Person | Associate at Kondracki Celej who was involved in advising vLayer Labs. |