GÖRG advised venture capital investor GET Fund from Munich as lead investor in the Series B financing round for international scale-up EcoG. EcoG secured a total of around €16 million in the successfully completed Series B financing round.

Founded in 2017, EcoG GmbH, based in Munich and Detroit, develops hardware and software solutions for electric vehicle charging stations. The scale-up is one of the leading B2B technology companies for charging infrastructure and is constantly driving forward the standardization of fast charging.

GET Fund, a venture capital company operating across Europe, invests in start-ups with green technologies – including in the areas of energy, mobility, and industry. Other growth and impact investors in this financing round include Extantia Capital Management GmbH and Bayern Kapital GmbH. Together, they are investing in EcoG and the growth potential of electrified logistics and commercial vehicle fleets.

EcoG plans to use the capital for the expansion and further development of its software offering as well as for international expansion. The focus is on the EcoG Universal Core software, which is already used in over 25,000 charging systems worldwide. EcoG also wants to test new technologies under realistic conditions. To this end, an innovation hub is to be established in Bavaria in collaboration with partners from the logistics and hardware industries.

GÖRG provided legal advice to GET Fund on all aspects of the financing round under the lead of Munich-based partner Dr Bernt Paudtke.

Advisors GET Fund Management GmbH

GÖRG Partnerschaft von Rechtsanwälten mbB 
Dr Bernt Paudtke (Lead, Partner, Corporate Law/M&A, Munich)
Dr Julian Stassek (Associated Partner, Labour and Employment Law, Munich)
Moritz von Limburg, LL.B., LL.M. (Senior Associate, Corporate Law/M&A, Munich)