BDO provided financial and tax due diligence in connection with Accel's investment in Synthesia.
Accel is a leading venture capital firm, focussed on early stage investments in the technology sector. It has invested in over 300 companies, including Facebook, Slack, and Dropbox.
Synthesia is a leading AI video creation platform for enterprises, which combines simplicity for users with startlingly realistic and natural generated video.
Accel led the C-round that raised $90m for Synthesia, valuing it at over $1 billion and making it the third unicorn to be announced so far in 2023 in Europe.
"The common theme of the projects that we have worked on for Accel is the interesting things that the companies do, and Synthesia definitely continued this."
David Wright, Transaction Services Director, BDO LLP