DGKV Advises Lenz IO on €1.5 Million Pre-Seed Funding Round

DGKV advised Lenz IO in connection with its €1.5 million pre-seed funding round, jointly backed by BrightCap Ventures and LAUNCHub Ventures, two established venture capital investors in the Central and Eastern European startup ecosystem, which reflects the growing opportunities for regional technology businesses developing solutions for global markets.

The investment represents an important milestone for Lenz IO as the company advances its mission to improve the reliability of artificial intelligence through independent verification of AI-generated information. As businesses increasingly integrate AI into their operations and decision-making processes, the ability to verify the accuracy of AI-generated content and support it with reliable evidence is becoming increasingly important. Lenz IO is developing technology designed to address this challenge by providing an independent verification layer that helps businesses assess the reliability of AI-generated claims.

The newly secured funding will support the company’s continued development and growth, as it seeks to expand its technology and address the growing demand for reliable AI solutions across business-critical applications. Access to early-stage capital is an important step for technology startups seeking to develop their products, strengthen their market position and scale their operations internationally.

DGKV acted as legal counsel to Lenz IO in connection with the financing and is proud to have supported the company in this next stage of its development. The team comprised of Partner Georgi Tzvetkov and Senior Associate Irina Mihaylova.