Locke Lord Represents Sokowatch in Closing of Series A Preferred Stock Offering

Kathleen Swan (Chicago) and Enrique Santiago (West Palm Beach) represented Sokowatch Inc., the winner of the 2015 Social New Venture Challenge at the University of Chicago Booth School of Business that provides a technology platform connecting informal retailers throughout Sub-Saharan Africa to CPG companies in the United States, including Unilever, Mars and P&G, in the closing of its $2 million Series A Preferred Stock Offering. Locke Lord facilitated the investment by a syndicate of venture capital firms from London, Silicon Valley, New York and China in what is one of the few investments made by venture capitalists in a Delaware corporation with its principal business operations in Africa, specifically Kenya and Tanzania. For more information, see the closing announcement in TechCrunch.
Posted on August 21, 2018