Arcane was contracted by a notable emerging technologies Venture Capital firm in the Gulf region after gaining suspicion about one of their investments. The VC had acquired 40% of the shares of a revolutionary startup in the AI space. 

Several months after getting to an advanced stage of raising funds from four different investors, where a high magnitude of money was streamed to the start-up. Simultaneously, in negotiation with a fifth investor who entered the business via the Venture Capital, he came in, in order to put in the final amount and proceed with the product development. 

The investors started to be suspicious as the entrepreneur began to act independently, ignoring the agreed-upon legal framework requiring joint decision-making, and stopped giving updates about the status of the development of the product and the company’s progress. Arcane investigated the nature of the partner’s activity and discovered he had begun building a new start-up company that will specialize in Artificial Intelligence technology. Arcane started gathering evidence to prove the entrepreneur acted illegally with his startup development, which was actually part of the four investors’ joint intellectual property. 

Furthermore, we discovered that the new joint corporation has been established together with the fifth investor who came through the VC. Our investigation outcome yielded that the fifth investor gave the entrepreneur a tempting proposal, he would bring the firm the entire investment funds, and in parallel, a fair percentage would be shared, between the investor and the technology developer. Arcane initiated well-planned interactions with the entrepreneur and suspected investor, utilizing unique infrastructure built especially for this project. Arcane received an incriminating confession alongside sensitive documents. We gathered evidence through an associate of the entrepreneur that proved the technology in development was the same.