Octant AI and AXM Law: A Strategic Partnership
AXM Law has assisted Octant AI from inception in 2018 to where it is today: progressively building an enviable blue-chip client base, with clients including the World Bank, Laing O'Rourke and VicRoads, and an online presence as one of the world’s leading and pioneering AI-solutions for predicting and managing cost and time overruns in project management.
The Evolution: Building a Blue-Chip Client Base
Since 2018, the journey has seen Octant AI evolve from a founder-led startup into a global pioneer in the AI-solutions space. Throughout this growth, AXM Law has provided the legal framework necessary to support their expansion into international markets and their work with major government and private sector entities.
The partnership has focused on ensuring that as the company scaled and accessed funding markets, the core interests and vision of the founders remained at the forefront of the corporate structure.
Our Services: Legal Support for Growth
AXM Law’s services have been comprehensive, covering all aspects of the business as it grew from representing only the founders' interests to managing a variety of private sector stakeholders. Our services have included:
- Corporate Governance: Drafting a bespoke company constitution designed to protect and preserve the founders’ controlling stake, whilst still affording the flexibility required to access funding markets.
- Capital Raising: Advising on raising in excess of $4m to date off-market from sophisticated investors and private equity.
- Bespoke Technology Agreements: Drafting bespoke agreements for its unique AI-powered, cloud-based online products and services, including SaaS and white-labelling solutions.
- Tenders & Procurement: Navigating tenders to State and local governments and major companies.
- Board Advisory: Advising the Board on all aspects of corporate governance as it has grown to include Board representation from various stakeholders.
- Employment & Incentives: Advising on all employment law matters including tailored share and option incentives for executive and non-executive directors.
Key Principles for Scaling Innovation
This partnership highlights that successful growth in the tech sector requires a legal strategy that evolves alongside the business. Key principles include:
