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Subscription of Seed Preference Shares in Kinetic Innovation
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Allen & Gledhill, as transaction counsel, advised Openspace Ventures (“OSV”), a venture capital firm, in a US$7.7 million series seed round investment led by Blowfish Ventures and Forge Ventures in Kinetic Innovation (“Kinetic Innovation”).
Kinetic Innovation is a fintech startup which uses data and technology to deliver credit risk solutions that enable payments companies and online businesses to scale.
Advising OSV was Allen & Gledhill Partner Nicholas Soh.