Advising Dawn Capital on US$100 million Series D round for Dataiku

We advised early-stage VC fund Dawn Capital on its investment as part of a US$100 million Series D fundraising round for Dataiku.

This follows Dawn Capital's secondary purchase of shares from shareholders of Dataiku in January of this year, on which our corporate technology team also advised.

Dawn Capital is a UK-based team of experienced entrepreneurs who specialise in investments in the Fintech and B2B software space. Dawn Capital is a long-standing client of the firm, and we've advised the team on numerous transactions over the last ten years including, most recently, investments in Quantexa, Eigen Technologies, Tink, and Garrison Technologies.

Dataiku is a centralised data platform which helps businesses apply analytics, machine-learning and AI at scale.

The round was led by Stripes, with Tiger Global Management joining existing investors CapitalG, Dawn Capital, ICONIQ, Battery Ventures and FirstMark Capital.

Commenting on the transaction, corporate technology partner Howard Palmer said: "The Dawn Capital team has been doubling down support for their portfolio companies and demonstrating their commitment as investors. We are equally committed to their success. As the UK's leading venture capital law firm, we continue to advise market-leading funds investing in the brightest companies.”

Evgenia Plotnikova, partner at Dawn Capital, said: "Taylor Wessing is rightly known as one of the leading advisors on venture capital in the UK and internationally. We have worked with Taylor Wessing for many years and it's been a great pleasure to finalise our further investment in Dataiku with them as our law firm."

The team was led by partner Howard Palmer and corporate technology associate Elinor Picton.