Niederer Kraft Frey AG

Niederer Kraft Frey AG

News and developments

Lakera secures USD 10m in funding to secure Generative AI in the enterprise

Niederer Kraft Frey advised Lakera AI on its USD 10 million equity financing led by Redalpine, with Fly Ventures, Inovia Capital and angels including the co-founders of Snyk, the CISO at Palo Alto Networks, a SVP at Datadog and the former CEO at Hybris as additional investors. The financing closed earlier this year and before Lakera’s launch to activate the world’s most advanced AI-based threat intelligence and Secure AI in the enterprise.

Lakera is the first and only Developer-First AI Security Platform. Lakera empowers developers with the world’s largest AI threat database to accelerate the secure development of AI products. Lakera works with any AI model or modality and instantly provides enterprise-grade security for AI applications. With Lakera, developers build with conviction and unleash the full potential of AI.

The NKF team was led by Corporate/M&A partner Philip Spoerlé, working with associate Benedikt Hadorn (Corporate/M&A), counsel Janine Reudt-Demont (IT) and junior associate Peter-Conradin Schreiber (Corporate/M&A).