We are pleased to announce that our firm represented Trinity Capital Inc. (NASDAQ: TRIN), a leading international alternative asset manager, in providing a $150 million debt facility to UVeye, an Israeli company specializing in AI-powered vehicle inspection systems. The $150 million debt facility, structured by Trinity Capital, includes an initial $100 million commitment with an option for an additional $50 million.
UVeye’s advanced AI-driven systems conduct rapid vehicle inspections, identifying defects within seconds. Trinity Capital’s substantial funding will support UVeye’s expansion to meet the growing demand for their innovative solutions. We are proud to have facilitated this partnership, enabling UVeye to scale operations and continue delivering state-of-the-art solutions to the automotive industry.
This significant debt transaction was led by partners Simon Weintraub and Avi Anouchi, with tax matters handled by partner Ofir Levy, and associate Samuel Kuperstock also contributing to the deal. Our firm collaborated on this transaction with our friends and colleague at DLA Piper LLP (US).
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