Next Level Ventures – Investment in Vida Diagnostics, Inc.
BrownWinick attorneys, Chris Sackett and John Hunter, served as lead counsel to Next Level Ventures Fund I, LLLP in connection with its $2.0 million Convertible Promissory Note investment in Vida Diagnostics, Inc.
BrownWinick attorneys Chris Sackett and Cynthia Boyle served as lead counsel for a $2.5 million Series A Preferred Stock Offering for Igor, Inc.
IPG – Industry People Group, Incorporated, d/b/a BirdDog – Series A Financing
BrownWinick represented BirdDog in an approximately $4 million Series A Preferred Stock Offering and sale to Next Level Ventures Fund I, LLLP and certain co-investors, which closed in June of 2014. Other terms of this transaction are confidential. BrownWinick continues to represent BirdDog.
Men’s Style Lab, Inc.
BrownWinick attorney Drew Larson represents Men’s Style Lab, Inc., an internet-based, curated clothing retailer that provides style upgrades for everyday guys. The representation has included a $750,000 equity capital offering and a $1,100,000 convertible debt offering to finance the company’s rapid growth.
NestMint – Organization and Compliance
NestMint was formed in 2014 to provide seed capital investment dollars to fledgling businesses -those that have an idea but have traditionally been too early-stage to attract investment dollars, except from friends and family. BrownWinick is a co-sponsor of NestMint and serves as its legal counsel.
Plains Angels – Organization and Compliance
Plains Angels was formed in 2012 as an investor forum made up of Iowa based angel investors. Its mission is to provide high return investment opportunities to its angel investor members and provide growth funding to early stage companies. BrownWinick is the lead sponsor and legal counsel to Plains Angels.
Next Level Ventures – Organization, Compliance and Transactions
Next Level Ventures was formed in 2013 and is an approximately $20 million venture capital fund that invests in innovative Iowa-based companies with significant growth potential. It is the first certified innovation fund in the state of Iowa, meaning its investors are eligible for Iowa tax credits. BrownWinick has served as legal counsel to Next Level Ventures since its formation.
Midwest Growth Partners – Organization, Compliance and Transactions
Midwest Growth Partners was formed in 2012 and is an approximately $33 million private equity fund that acquires and invests in established growth-oriented companies in Iowa and the upper Midwest. Unlike many other funds that avoid investing in rural companies, Midwest Growth Partners embraces these opportunities. BrownWinick has served as legal counsel to Midwest Growth Partners since its formation.
*Past results are reported to provide the reader with an indication of the type of litigation in which we practice and do not and should not be construed to create an expectation of result in any other case as all cases are dependent upon their own unique fact situation and applicable law.