HAVEL & PARTNERS represented Česká spořitelna Seed Starter, one of the shareholders in Investown Technologies, in connection with the entry of a new investor into the company, which operates an online crowdfunding application for real estate projects.

Comprehensive legal support for Seed Starter throughout the transaction, including negotiation of the contractual documentation, was coordinated by partner Jaroslav Baier, senior associate Josef Bouchal, and junior associate Pavel Gapeev. The stake in Investown Technologies was acquired by Finbus, a real estate development company.

Investown was the first investment of Česká spořitelna Seed Starter fund, dedicated to venture capital investments. Investown focuses on crowdfunding for real estate and development projects, and currently has approximately 80,000 registered users. It works thanks to the increasingly popular method of crowdfunding, which facilitates access to investments in a wide range of real estate projects in the Czech Republic.

Now the project has reached a next stage and in the near future it plans to expand abroad, which is to be supported, among other things, by capital from the new investor.