Cytowski & Partners and Motieka & Audzevicius have advised Lithuania-based SintraAi on its USD 17 million seed financing round, which saw the participation from Earlybird Ventures, Inovo VC, Practice Capital, and several angel investors from Silicon Valley and Central and Eastern Europe. Goodwin reportedly advised Earlybird Ventures.
Trustworthy AI: A Guide for Risk Assessment and Compliance
In our previous practice, we have assisted clients in the course of implementation of AI systems (“AIS”), i.e., assessment of the impact of risks of AIS, especially in the medical and research sector. While working on these projects, we came to the conclusion that many companies overlook obligations or are not even aware of risks for safety, health and fundamental human rights which are tied to the implementation and use of high-risk AIS and can result in significant compliance risks under the applicable legal framework.
Ellex Advises Superangel on Participation in USD 20 Million Series A Round for Labrys
Ellex has advised venture capital fund Superangel on its participation in the USD 20 million Series A funding round for UK-based technology company Labrys.
Albania Adopts New Instruction on the Processing of Health and Genetic Data
As part of the broader effort to harmonise national legislation with the EU General Data Protection Regulation, the Albanian Data Protection Commissioner issued Instruction No. 2, dated 30 April 2025 (Instruction No. 2), on the protection of personal data in the health sector. This Instruction repeals the previous 2020 framework and establishes a comprehensive set of rules governing the collection, use, and disclosure of health and genetic data.
Companies May Have Six More Months to Comply with the NIS2 Directive
“To comply with the cybersecurity requirements of the NIS2 directive, affected businesses may get an additional six months to prepare,” announced the Supervisory Authority for Regulatory Affairs of Hungary (SZTFH) in a statement on 5 May 2025.
Zepos & Yannopoulos Advises Tao Digital Solutions on Acquisition of Software Competitiveness International
Zepos & Yannopoulos, working with LLA Logos Legal Advisor, has advised Tao Digital Solutions on its acquisition of Software Competitiveness International.
MFW Fialek and Greenberg Traurig Advise on V4C's Acquisition of Univio
MFW Fialek has advised Value4Capital on its acquisition of a 51% stake in Univio. Greenberg Traurig advised the sellers.