Deals & Cases
MLL Legal Advises Validation Cloud AG in its Series A Financing and Prior Convertible Loan Financing
Validation Cloud AG, Zug, Switzerland, a leading Web3 data and AI company, recently announced closing of a further financing round of USD 15m in several closings.
The Series A Financing round was led by True Global Ventures (TGV), global technology equity venture capital firm investing in AI and blockchain-driven companies. As part of its Series A Financing, Validation Cloud secured a USD 10m lead from TGV 4 Plus Fund to scale AI for Web3. The Series A Financing follows Validation Cloud’s earlier USD 5.8m Convertible Loan Financing, led by San Francisco-based Cadenza Ventures, with participation from Blockwall, Bloccelerate, Side Door Ventures, GS Futures, AP Capital, Blockchain Founders Fund, and Metamatic.
MLL acted as lead advisor to Validation Cloud in both, its Series A Financing and its prior Convertible Loan Financing. The MLL team was led by partners Dr. Kilian Schärli (FinTech / Regulatory / IP) and Dr. Marc Schamaun (Corporate & M&A) and comprised partners Dr. Reto Luthiger (FinTech / Regulatory) and Thomas Nabholz (Tax), associates Fabian Bögli, Michèle Sue Sidler (both Corporate & M&A), Karim Steiner (Notary Public), and Franziska Schweizer (IP), as well as junior associate Gianluca Bonatesta.
Validation Cloud is the leading Web3 x AI company revolutionizing access to blockchain data, compressing navigation from hours to seconds. Their SOC2 Type II, multi-product platform manages over $1 billion in staked assets and partners with major ecosystems like Chainlink, Hedera, Stellar, Berachain, Monad, and more. With a recent $15M Series A, Validation Cloud is uniquely positioned to enhance Solana’s ecosystem with AI-driven insights, on top of empowering its apps with #1 ranked global performance.
