PPU advises Guil Mobility in two investments
Philippi Prietocarrizosa Ferrero DU & Uría Chile has advised Guil Mobility Ventures, Venture Capital arm of the Kaufmann Group, in its investment in US VC Fund II, and in its investment via SAFE (simple agreement for future equity) in Delaware Corporation Oway Inc.
The first investment was closed on April 24 and is an important transaction as it allows the Kaufmann Group to expand its investments, and is the first investment of Guil Mobility Ventures in an international fund with a presence in Denmark.
The investment in Delaware, closed on June 8, expands the Kaufmann Group’s investments, being the first startup in its portfolio to operate directly in the U.S. market. With this investment Guil Mobility Ventures expands its international investments, incorporating a new line of business dedicated to shared mobility of goods.
Both operations involved the Chilean and US jurisdictions. Also, both involved the review and negotiation of the investment documents, from a local law perspective.
US VC Fund II is an equity fund that invests, among other investments, in the Copenahgen VC Fund II K/S venture capital fund.
Delaware Corporation Oway Inc. is a startup that developed a freight transportation app.
PPU’s team was led by partner Nicolás Santana (pictured), with the support of associate Matías Fernández for both transactions, and with the additional support of associate Sofía García for the Delaware investment.