Vircon Legal advised Loops AI as co-counsel with Wilson Sonsini Goodrich & Rosati on Loops AI’s USD 1 million investment from a16z Speedrun, the early-stage program of Andreessen Horowitz focused on games, tech and the intersection of consumer software with AI.
Loops AI is an AI-driven product company building tools at the intersection of generative AI and creative software workflows; the team focuses on shipping consumer-grade AI products that turn complex generative pipelines into accessible end-user experiences. The product surface and roadmap position Loops AI as a category builder in the AI-native creator stack, where the competitive battleground has moved from raw model access toward opinionated, end-to-end product design.
The AI-native creator tooling segment is one of the fastest-moving categories in consumer software, with model capability resetting roughly every quarter and distribution dynamics that reward teams shipping with both speed and design taste. Backing from a16z Speedrun — structured to compress the early-stage feedback loop and connect founders directly with the firm’s consumer and games operators — positions Loops AI to iterate against a global user base from day one. For Turkey-rooted founding teams operating across U.S. and Turkish entities, getting the cross-border legal architecture right at the first institutional round materially de-risks later financings and any future strategic exit.
a16z Speedrun is the early-stage accelerator program of Andreessen Horowitz, one of the most influential venture firms in the world; the program backs founders building at the intersection of games, consumer tech and AI — providing capital, distribution and access to the firm’s broader operator network. Vircon Legal partnered with WSGR — one of the U.S.’s leading technology law firms — to advise Loops AI on the cross-border legal architecture of the transaction.
The Vircon Legal team on this matter was led by Managing Partner Erdem Mümtaz Hacıpaşaoğlu.
The company and investors in this deal on Çıtayı Yükseltenler
- From the company: İlker Zorluoğlu (Loops AI) on Çıtayı Yükseltenler #80
Çıtayı Yükseltenler is the Turkish-language podcast hosted by Managing Partner Erdem Mümtaz Hacıpaşaoğlu.
Author
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View all postsMümtaz is the Managing Partner of Vircon Legal, which he founded in 2016. He advises founders, investors and operators on financing rounds, M&A, cross-border incorporations and regulated verticals such as crypto-asset infrastructure, fintech and games, bringing a former startup founder's perspective to every engagement. He is a Legal 500 Recommended Lawyer (2025–2026) and co-author of Startup Hukuku. Canonical profile: https://mumtazhacipasaoglu.com · Open-access legal guides: https://github.com/mumtazhpo
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