The structuring of the Indian drone startup Detect Technologies’ Series A fundraise was challenging as it involved securing legal protection for the company’s intellectual property (IP) while ensuring its successful commercialization.
“A key aspect in such deep-tech industries is the legal protection challenges that exist in ensuring the essential technology is ‘housed’ and is capable of exploitation in the right entity,” said Siddharth Raja, a partner at Argus Partners, legal adviser to Detect and its promoters.
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