Venture investors today are paying close attention to startups that use AI to understand consumer demand and have what it takes to expand globally. SOLARIS advised OYD, an operator of consumer brands, across the board as it raised a seed round from venture capital firm The Ventures.
(Investment agreements) We reviewed the shareholders' agreement and other documents for the financing and advised on negotiation strategy, heading off potential disputes over management control down the road.
(Intellectual property) With overseas expansion in mind for OYD's beauty brand sione and fashion brand onoo, we analyzed trademark registration requirements country by country and minimized the risk of IP infringement.
(Data regulation) We reviewed how consumer data collected to build an AI system for country-specific marketing strategies would be processed, reducing the risk of violating Korean and overseas data protection laws.
SOLARIS will continue to provide solid legal services so that companies taking innovative business models to global markets can grow their businesses on a stable footing.
[Related articles]
- OYD Raises Seed Funding as The Ventures Joins
- The Ventures Makes Seed Investment in OYD, a Team of IT and Beauty Industry Talent
[Attorneys]
- Attorney Soojin (Tommy) Park: https://solarislaw.net/구성원/member-psj
- Attorney Sungwoo (Goni) Kim: https://solarislaw.net/구성원/member-ksw