Global law firm Ashurst is advising Shop Circle on its acquisition of KrakenD, a high-performance API gateway trusted by leading enterprises in fintech, commerce, and global technology sectors, including several Fortune 500 companies. The move expands Shop Circle's infrastructure capabilities and supports its mission to build the leading AI-driven software platform powering the infrastructure of modern enterprises.
Shop Circle is building the leading AI-driven software platform powering the infrastructure of modern enterprises. Its portfolio spans both customer engagement and conversion tools, as well as products that optimize internal operations, covering the interaction and efficiency layers of the software stack. The company focuses on scalable, mission-critical solutions and is expanding its enterprise reach through targeted acquisitions and disciplined execution in product innovation, AI, and go-to-market strategy. Shop Circle has raised over £100 million in venture funding (most recently a 2024 Series B) and is backed by top-tier investors globally, including Nextalia, QED Investors, NfX, 645 Ventures, and Endeavour Catalyst.
KrakenD is a high-performance open-source API gateway used by enterprises to manage, aggregate, and deliver data securely at scale. Designed for speed, scalability, and flexibility, KrakenD is trusted by organizations in fintech, commerce, defense, and government.
The Ashurst team was led by Tech M&A partner Chris Grey and corporate associate Elnaz Cadogan. The corporate team also included partner Jorge Vázquez, counsel Tannia Rodrígez, senior associate Lottie White, and associates Beatriz Aizpun, Nerea Sobron and Marta Timoner. Data advice was provided by partner Rhiannon Webster and senior associate Tom Brookes and associate Hana Byrne. IP advice was provided by counsel Aaron Cole. Employment advice was provided by counsel Cristina Grande and associates Pablo Abelleira and María Baixauli.
