Kondracki Celej

Kondracki Celej advised Future Energy Ventures on its investment in Pstryk Energy Group as part of the company’s €7 million Series A financing round. The round was led by Future Energy Ventures, with participation from strategic investor Axpo, Montis VC, existing investors ff Venture Capital and Simpact Ventures, as well as private investors. The financing brings the total capital raised by Pstryk to nearly €13.8 million. The new funding will support the further development of Pstryk’s technology, the scaling of its operations and the expansion of its offering to more households across Poland. Pstryk is developing solutions that allow consumers to purchase electricity at dynamic prices. Through its mobile application, users can monitor energy prices and consumption and adjust the use of their devices to periods when electricity is less expensive. The company’s offering is aimed, among others, at owners of solar panels, energy storage systems, heat pumps and electric vehicles. The investment reflects the growing role of technology in the transformation of the energy sector and the shift towards a more flexible, decentralised and consumer-focused energy market. Kondracki Celej advised Future Energy Ventures on all Polish legal aspects of the investment. The transaction was led by Rafał Celej and Arkadiusz Klejnowski, with support from Kamila Banaś and Gabriela Lewicka. Congratulations to the Future Energy Ventures and Pstryk Energy Group teams, as well as all investors involved in the transaction.

Kondracki Celej advised ForActive on its $3.6 million seed financing round, supporting the continued development of the company’s platform and its further expansion in the United States. The round was led by Simpact Ventures, with participation from Vestbee syndicates, Vesna Capital, Explorer, Bad Ideas and several business angels, including Adam Górniak, former Chief Revenue Officer at Booksy. ForActive is developing a platform for independent fitness coaches, sports instructors and local activity providers. The solution streamlines payments, client communication, scheduling and other business management processes. More than 10,000 service providers have already joined the platform. The financing will enable ForActive to accelerate product development, scale its operations and continue growing across the U.S. market. Kondracki Celej advised ForActive on all legal aspects of the financing. The transaction was led by Arkadiusz Klejnowski. The U.S. legal aspects of the transaction were handled in cooperation with the Sparring team, including Marek Krizka and Martin Repka. Congratulations to the ForActive team on closing the round, and thank you to all parties involved for their trust and excellent cooperation.

Kondracki Celej and Sparring are partnering to provide coordinated Polish and U.S. legal support for startups, technology companies and venture investors. The collaboration covers cross-border financings, U.S. expansion and M&A, combining Kondracki Celej’s Polish venture capital and technology transaction practice with Sparring’s U.S. capabilities. The firms have already worked together on ForActive’s US$3.6 million seed financing and bValue’s US$10 million investment in Fudo Security. Kondracki Celej led the financing advice for ForActive and the Polish legal work for bValue, with Sparring supporting the relevant U.S. workstreams. The two independent firms will coordinate the scope of work, responsibilities and client communication on joint matters. The offering is intended for founders and investors seeking continuity of advice across financings, expansion and subsequent transactions. More information: https://www.kondrackicelej.pl/en-blog/kondracki-celej-and-sparring-polish-us-startup-partnership

Kondracki Celej advised Orbit Capital on up to EUR 6 million in venture debt financing provided to Giganci Programowania, a Polish edtech compnay. The financing will support the company’s next stage of growth, including further expansion in the United States, Latin America and Spain, through both organic growth and potential acquisitions in the edtech sector. Giganci Programowania offers courses in coding, artificial intelligence and mathematics. The company has developed a scalable business model that it is already expanding beyond Poland. The new financing will allow it to accelerate growth in markets with the strongest potential. Kondracki Celej advised Orbit Capital on all legal aspects of the financing. The transaction was led by Karolina Piotrowska-Andryszczyk, with support from Gabriela Lewicka. Congratulations to the Orbit Capital and Giganci Programowania teams, as well as the legal advisors involved in the transaction. We thank Orbit Capital for its trust and all parties for the excellent cooperation.