GÖRG advises Innovation Industries in a significant investment to drive sustainable IoT innovation

Munich, 03.11.2023

GÖRG Partnerschaft von Rechtsanwälten mbB, led by the Munich lawyer Dr. Christian Glauer, advised the Dutch deep tech venture capital fund Innovation Industries in a substantial investment in EnOcean GmbH.This strategic partnership not only provides EnOcean with the necessary capital to support its continued growth but also signifies a strong alignment of strategic goals between the two entities.

The investment from Innovation Industries underscores the starting point for EnOcean's addition-al organic and inorganic growth strategy, providing vital resources to accelerate the development of new sustainable IoT solutions and widen its market footprint. This infusion of capital follows on the heels of EnOcean’s first acquisition in late 2022.

Advisors Innovation Industries

GÖRG Partnerschaft von Rechtsanwälten mbB 
Dr. Bernt Paudtke (Partner, M&A / Corporate, Munich)
Dr. Christian Glauer (Associated Partner, M&A / Corporate, Munich)
Tobias Reichenberger (Associated Partner , M&A / Corporate, Munich)
Moritz von Limburg, LL.B, LL.M. (UCT) (Associate, M&A / Corporate, Munich)
Julian Stassek, (Associate, Labour Law, Munich)
Dr. Elisabeth Marz (Associated Partner, IP/IT, Cologne)
Dr. Katharina Landes (Partner, IP/IT, Cologne)

Advisor EnOcean GmbH (Nagel Markowsky Vossius Rechtsanwälte)

metaCom LEGAL
Dr. Sibilla Nagel (Partner, Munich)

About Innovation Industries

Innovation Industries is a Dutch deep tech venture capital firm with over €500 million in capital under management and a leading player in Western Europe. Innovation Industries invests in deep-tech with the potential to solve global challenges. Innovation Industries invests in industrial technology, med-tech, and agri & food technology. Its portfolio companies make impact through breakthroughs in energy-efficient photonic chips, climate-resilient seeds, safer & more efficient batteries, sensing technologies for better care, and more.

About EnOcean 

EnOcean GmbH is the pioneer of energy harvesting and sensor-to-cloud solutions for sustainable Internet of Things (IoT) applications. Headquartered in Oberhaching, near Munich, the company delivers valuable data for the sustainable IoT with its resource-saving technology and connectivity solutions. For more than 20 years, EnOcean has been producing maintenance-free wireless switches and sensors, which gain their energy from the surroundings – from movement, light, or temperature changes. The combination of miniaturized energy converters, ultra-low power elec-tronics, robust radio technology, and open multi-protocol connectivity solutions based on open standards (EnOcean, Zigbee, Bluetooth®, BACnet, Modbus, LON, and IAP) forms the foundation for smart buildings, services, and production processes in the IoT. EnOcean’s sustainable solu-tions are used in building automation, smart homes, LED lighting control, and industrial applica-tions to enable optimization of the CO2-footprint of buildings. As an innovation driver, EnOcean is a strong partner for more than 500 leading product manufacturers and has already completed more than a million buildings worldwide with energy harvesting and sustainable solutions.

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