Dechert LLP advised Ginko Ventures in connection with the fund raising of €100 million for Devialet, a French developer of high-end audio systems. Ginko Ventures, the lead investor, led this co-investment with participation from international investors including Fowconn, Sharp, Renault, Playground World, Future French Champions, CM-CIC Investissement, BPI France, Korelya Capital and Naver. Created in 2007, Devialet is the world's most critically acclaimed start-up for the excellence of its innovations in sound technologies with 62 awards and 107 patents.
The Dechert Paris team advising Ginko Ventures was led by corporate partner Anne-Charlotte Rivière with assistance from associate Thomas Bermudes on transactional aspects; associates Pierre-Olivier Ally and Michal Bohaczewski on intellectual property aspects; associates Thibault Meiers and Sophie Montagne on labor and employment aspects; and, associate Raimbaut Lacoeuilhe on competition aspects.