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

Kathleen Swan (Chicago) 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