Bär & Karrer Advises B3i in its Current Equity Funding Round
Industry-led InsurTech B3i Services AG successfully raised additional funds from current shareholders and new investors to further develop and grow its blockchain-based insurance transaction platform. B3i was founded in October 2016 as an insurance industry consortium which then formed B3i Services AG as an independent company. The shareholder group includes some of the world's largest insurers and reinsurers from across Europe, the Americas, and Asia. B3i intends to further expand its shareholder base over the next several months.
Bär & Karrer acts as legal advisor to B3i in this transaction. The team is led by Eric Stupp and includes Gadi Winter, Stephanie Walter, Selina Ragaz (all Banking & Finance) and Michael Rohrer (Notary).