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News 21 Aug 2023 · United Kingdom

CMS advises Cavalry on $7.7m Seed Round investment in Nory

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International law firm CMS has advised Cavalry Ventures on its seed investment in Nory, a Dublin-based AI-powered hospitality technology start-up. The seed round was led by Samaipata VC and Triple Point, with Playfair Capital and Circlerock also participating.

Nory was founded with a mission to revolutionise how hospitality businesses are run around the world, with its leading operating system helping multi-site restaurants & bars combine all operations in one platform, powered by game changing AI. 

Founded in 2016 by a group of seasoned entrepreneurs and investors, Cavalry Ventures is an early-stage venture capital firm in Berlin, Germany, that backs bold entrepreneurs in building a better future through technology. 

The CMS Venture Capital team was led by Tom Jameson with support from Greg Turton (Corporate). Additional details about the financing can be found here.