Dentons Advises Immensa on its $20M Series B Round
Global law firm Dentons has provided legal counsel to Immensa, a prominent additive manufacturing and digital inventory platform operating in the MENA region. Immensa successfully secured a substantial investment of US$20 million in its latest funding round, with Global Ventures, a MENA-based venture capital firm, leading the initiative.
This significant funding infusion will play a crucial role in advancing Immensa’s mission to transform the manufacturing and inventory management industry through its innovative digital platform. Immensa’s platform allows businesses to create, store, and deploy digital inventories on demand, reducing the reliance on physical inventory and streamlining the supply chain process.
The allocated funds will be directed towards Immensa’s research and development initiatives, team expansion, and the enhancement of the technology infrastructure supporting the platform. With this strategic investment, Immensa aims to extend its influence and drive transformative change in the manufacturing and supply chain industry.
Immensa’s Series B round was advised by Dentons under the leadership of partner Christopher Rose (pictured), having previously advised them on its Series A round.
Dentons’ Dubai Corporate partner and UAE’s Venture Technology and Emerging Growth (VTG) lead David McGrory, added: “We are proud to see Immensa securing this investment in the region and look forward to seeing the development to come.”