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Ontier advises Bettermaps in the closing of a €200,000 round

Ontier has advised Bettermaps, an asturian technology-based startup born in late 2020, in the closing of a €200,000 pre-seed investment round.

Bettermaps specialises in the development of an artificial intelligence (AI) system that allows anyone to design and generate digital cartography. Bettermaps’ AI is constantly fed with up-to-date geospatial information from thousands of open data sources.

Ontier led the negotiation of the various private agreements and prepared the corporate documentation related to the new investors.

The Ontier team advising on this deal was formed by lawyers Pelayo García-Bernardo (pictured centre) and Nacho Arce (pictured left), from the Corporate and M&A team, and Daniel Gutiérrez (pictured right), Director of the Innovation and Digital Law Area.

Irina Wakstein