King & Wood Mallesons ("KWM") funds team has advised Brain VC Fund on the launch of its first investment vehicle, Brain VC, FCRE, with a target size of €30 million. The strategy of this new fund is focused on investing in Spanish and European companies specialised in the development of technological solutions through artificial intelligence.

The group of lawyers that has collaborated in this project has been led by the partner and head of the Funds team Isabel Rodríguez, together with the assistance of the associate María Mata.

The promoters of Brain VC Fund are Carlos Moure, founder of the digital solutions consultancy Kairós and pioneer in the implementation of the "agile" philosophy in the financial sector; Clara Gutiérrez, former head of BBVA's venture capital program; and Werner Zippold, former executive at ING.

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