
As legal counsel to the lender, the VC team at HAVEL & PARTNERS provided comprehensive legal advice to Orbit Capital in connection with the provision of venture debt financing in the amount of several million euros to Sloneek, a Slovak HR-tech company. The advice included the preparation and negotiation of comprehensive loan documentation, including special instruments typical for venture debt. Sloneek is one of the fastest-growing HR-tech companies in Central Europe, using AI to help companies digitalize and automate their HR agenda.
The legal advisory team was led by partner Jaroslav Baier and included managing associate Peter Košecký, associate Róbert Košala for VC aspects, and associate Matúš Franko for financing aspects.