Technology

This issue of MintzTech Connect leads with a terrific article about negotiating a letter of intent from the seller’s perspective. It continues with an article about a common problem regarding Delaware franchise taxes. The issue concludes with a spotlight on Coworker.ai, a cool new company that has created an AI “teammate” that can perform complex work at the level of an experienced colleague.

Our Client Spotlight this month features Coworker.ai, a cool new company that has created an AI “teammate” that can perform complex work at the level of an experienced colleague.

As we head into the second half of 2025, the prospects for innovation in robotics and artificial intelligence (AI) seem limitless.  It is difficult to find an industry that hasn’t touted the potential for robotics and AI to bring significant growth and advancement: from agriculture to warehousing and logistics. Key sectors, including healthcare, financial services, retail, and manufacturing, are integrating robotics into their physical processes and attempting to optimize other aspects of their businesses through the use of AI, including the use of surgical robotics to enhance precision and efficiency in medical procedures and the adoption of robotics to increase safety, productivity and quality in manufacturing and logistics.

Read about Walkabout, a very interesting company with an app that aggregates everything on the internet locally, helping neighbors to connect in meaningful ways in person.

Artificial intelligence (AI) has emerged as an influential technology, driving notable investments across various industries in recent years. In 2024, venture capital (VC) funding for AI companies reached record levels, signaling ongoing interest and optimism in the sector’s potential. Looking ahead, 2025 is anticipated to bring continued innovation, with promising funding opportunities and a growing IPO market for AI-driven businesses.

Prospective purchasers of blockchain assets can now navigate through global exchanges (i.e., Coinbase or Kraken) to invest in various forms of tokens. Investments in tokens, however, are only the tip of the iceberg for those who are interested in undertaking financial exposure in blockchain projects.

This issue of MintzTech Connect covers venture capital funds warehousing investments and their challenges, provides practical guidance for directors of early- and growth-stage corporations concerning their fiduciary duties, and a spotlight on Surgimatix, an early-stage medical device company pioneering the first proprietary laparoscopic device that delivers suture-like fixation in seconds.

Read about Surgimatix, an early-stage medical device company pioneering the first proprietary laparoscopic device that delivers suture-like fixation in seconds.

This edition of Mintz Venture Watch reports on the firm’s VC transaction activity in the first half of 2024. During this period, Mintz represented issuers and investors in the technology, life sciences, energy, and other sectors in 73 transactions valued at more than $980 million.

Read about GUDEA, a technology company with AI-driven tools that enable organizations to predict, map, and influence information flows across social networks before they impact public perception.

Read about President Biden’s recent withdrawal from the 2024 presidential election and his endorsement of Vice President Kamala Harris as the Democratic nominee, including her stance on technology, climate change, health care, and tax policy.

As the first state law to regulate the results of Artificial Intelligence System (AI System) use, Colorado’s SB24-205, “Concerning Consumer Protections in Interactions with Artificial Intelligence Systems” (the Act), has generated plenty of cross-industry interest, for good reason. In some ways similar to the risk-based approach taken by the European Union (EU) in the EU AI Act, the Act aims to regulate developers and deployers of AI Systems, which are defined by the Act as “any machine-based system that, for any explicit or implicit objective, infers from the inputs the system receives how to generate outputs, including content, decisions, predictions, or recommendations, that can influence physical or virtual environments.”

This issue of MintzTech Connect covers the FTC’s controversial final rule banning most post-employment non-competes, qualified small business stock issues affecting the conversion of an LLC into a corporation, clinical trial innovator Radicle Science, and an event co-sponsored by Mintz and the Sustainable Media Center, which focused on the impact of social media on today’s youth.

Read about Radicle Science, a B-corp transforming the supplement industry’s approach to clinical trials and efficacy validation through virtual trials that greatly expand the scale and diversity of trial participants.

This issue of MintzTech Connect covers Corporate Transparency Act compliance requirements, considerations for companies undertaking Section 409A valuations, and Mintz’s year in review of laws impacting employee non-competition, non-solicitation, and non-disclosure agreements.

This edition of Mintz Venture Watch reports on the firm’s VC transaction activity in 2023. Mintz represented issuers and investors in the technology, energy, life sciences, and other sectors in more than 130 transactions valued at over $2.6 billion.