Sherpa.ai’s Capital Increase

Gómez-Acebo & Pombo has advised Sherpa Europe on the deal.

Sherpa Europe closed a funding round with the entry of new investors into the company’s share capital.

The company announced last March an $8.5 million (€7.2 million) funding round to accelerate its growth and create a European champion of Artificial Intelligence.

Sherpa.ai, headquartered in Herandio (Bilbao) and with offices in Redwood City (Silicon Valley), is one of the leading Spanish companies in Artificial Intelligence services. Among its AI services are predictive and personalisation AI, the white-label conversational Digital Assistant technologies and the most advanced AI framework applied to Data Privacy in the world.

Mario Losantos, former president of Riofisa, has become a shareholder in Sherpa.ai through Allegra Holding with a 7% stake. Marcelo Gigliani, managing director of Apax, the fund that promoted idealista until its sale to EQT and which continues to hold part of the real estate portal, has also joined the AI company´s capital.

The Gómez-Acebo & Pombo’s team was led by Tax senior associate Mariana Díaz-Moro (Picture) and Corporate senior associate Irene Carreño.

Involved fees earner: Irene Carreño Álvarez – Gomez-Acebo & Pombo; Mariana Díaz-Moro Paraja – Gomez-Acebo & Pombo;

Law Firms: Gomez-Acebo & Pombo;

Clients: Sherpa.ai;

Author: Federica Tiefenthaler