Blog

When we do something new (and it’s not confidential), you will find it here.

Novalia Facilitates Successful Exit for Czech Startup Inventoro

Novalia has once again played a pivotal role in the successful sale of a Czech technology startup to an international buyer. Inventoro, a Czech AI-powered inventory management platform, has been acquired by global firm Cin7. Novalia represented two investors and assisted the startup founders with legal matters concerning US legislation

Novalia in 2022: Significant awards and active involvement in education

To make the balance sheet for 2022 complete, we would be remiss not to mention our other activities in addition to the major transactions. We received awards, developed our art law practice, supported education, and actively participated in helping refugees from Ukraine. Our team grew as well with new young colleagues.

Novalia and startups in 2022

Record breaking. This is a simple way to sum up, 2022, not only for our office but also for the Czech startup scene. The founding partners of Novalia back in 2015 were at home in the technology world, but that world was small in size compared to what we see today. The Czech startup scene has grown exponentially since then and Novalia’s footprint with it. Over the past year Novalia has handled a record number and value of transactions since its foundation.

We advised on another startup exit. MarTech startup Roivenue is being bought by Dutch company ScanmarQED

The Czech startup scene is really busy. This week we have one new and significant transaction, which was again led by Novalia lawyers Iva Javorská, Kamil Stanek, and Vojtěch Tancoš. They represented the Czech startup Roivenue, which was acquired by the Dutch company ScanmarQED.

Novalia represented Alter in the Startup Deal of the Year

Google bought the startup Alter (Omnipresence Inc.), which has Czech roots. The startup, formerly known as Facemoji, helps developers add online avatars to their apps and was co-founded five years ago by Czech entrepreneur Robin Raszka. It is one of the most significant exits with a Czech footprint on the domestic startup scene. Lawyers Bill Finney and Kamil Staněk from Novalia also participated in it.

The tech start-up Sapho is sold to Citrix for $200 million

Novalia has provided Sapho with comprehensive legal, tax and accounting services for more than twelve months preceding the transaction and throughout the acquisition process.

Workday Acquires Stories.bi, a Czech Start-Up Specializing in Augmented Analytics

Novalia has provided Czech legal support for the stunningly successful sale of the augmented analytics start-up Stories.

Novalia celebrates its third anniversary with a boosted rating from The Legal 500

The Legal 500 boosted our rank in Commercial, Corporate and M&A and we are now among the top 25 Czech law firms in the area of Commercial, Corporate and M&A, on par with some of the titans of the Czech legal industry.

Novalia launches an online tool for setting up Czech companies

Incorporating a wholly-owned Czech limited liability company has never been so easy.

Altran acquires Swell, leading Czech engineering services providers in automotive

We advised Altran, the French-based global innovation and engineering consulting firm on acquisition of Swell.

Ongoing debate about the Sharing Economy in Czechia

The Czech authorities start acknowledging the influence of the new innovative businesses like Uber and Airbnb. What it is the status of the public discussion?

Online or void – New rules for contracting with Czech state entities

Do you have any business with the Czech state or municipal entities? The question applies also to corporations or entities controlled or directly financed by government. If the answer is yes, you will need to make sure that contracts concluded with such entities after 1 July 2017 have been uploaded to an online public register.