Fox Williams has advised Outward VC on its investment in Adclear’s £2.1 million seed round. Outward VC is an early-stage investment firm backing founders building innovative solutions across financial services and other regulated markets.
Adclear has developed an AI-powered compliance automation platform designed to help marketing teams manage, review and approve financial promotions more efficiently.
The funding round also saw participation from AFG Partners, Tenity and Haatch and a group of key angel investors. This investment marks a significant step in Adclear’s growth.
Fox Williams acted as legal adviser to Outward VC throughout the transaction, continuing our long-standing relationship. The deal team was led by corporate partner Guy Morgan, supported by senior associate Stephanie Tsang and associate Nik Paskevic.
Commenting on the transaction, Guy Morgan said: “We always value the opportunity to work with the Outward VC team. Their clear approach and constructive way of working make transactions highly effective. We are pleased to have supported them again on this investment.”
Speaking on the investment, Andi Kazeroonian, principal at Outward VC, said: “Fox Williams continues to be a dependable partner for us. Their ability to combine commercial insight with clear, pragmatic guidance makes the process run smoothly from start to finish. We appreciate the relationship we’ve built and look forward to collaborating on future opportunities.”
This transaction highlights Fox Williams’ strong track record in advising on high-profile investments in the financial services and FinTech sectors.