[Munich, ] GÖRG Partnerschaft von Rechtsanwälten mbB has advised Unternehmertum Venture Capital Partners GmbH (UVC Partners) on a seed financing round for an investment in TWAICE Technologies GmbH under the leadership of Dr. Christian Glauer. Within the scope of the financing round amounting to approximately EUR 1.2 million, Unternehmertum Venture Capital Partners (UVC-Partners) and Speedinvest invested in TWAICE Technologies GmbH.
Advisors Unternehmertum Venture Capital Partners GmbH
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Christian Glauer, Associated Partner;
Dr. Bernt Paudtke, Partner;
Tobias Reichenberger, Associate, (all M&A / Corporate);
Dr. Ulrich Fülbier, Partner, Labour;
Dr. Melanie Ries, Associate, IP & IT (all Munich)
Nora Frizberg, Legal Counsel (Inhouse)
Advisors TWAICE Technologies GmbH
Alan Solansky, Lawyer, LL.M. (Master of Law and Information Technology)
About TWAICE Technologies GmbH
The Munich-based company TWAICE Technologies GmbH, a spin-off of the Technical University of Munich, develops battery analysis software in the form of digital twins. The TWAICE platform enables manufacturers of electric vehicles and batteries, fleet operators and financial service providers to accelerate product development, improve performance, ensure long-term reliability, extend battery life and minimize financial risks of batteries. This contributes not only to the economic benefit but also to the sustainability of electric vehicles.
About Unternehmertum Venture Capital Partners
Unternehmertum Venture Capital Partners (UVC Partners) is a Munich-based early-stage venture capital firm that invests in technology-based start-ups in the areas of industrial technologies, enterprise software and mobility. Each investment round invests EUR 0.5 - 3 million and up to a total of EUR 12 million in successful investments.
Portfolio companies benefit from the extensive investment and exit experience of the management team and from the close cooperation with UnternehmerTUM, Europe's leading innovation and start-up centre. With over 180 employees and more than 100 industry partners, UnternehmerTUM has many years of experience in building young companies. Through this partnership, UVC Partners can offer startups unique access to talents, customers and partners. The portfolio includes investments such as FlixBus, Carjump (Freer2Move), KONUX, Blickfeld, 3YOURMIND and Vimcar.
Speedinvest is a pan-European group of venture capital funds with EUR 200 million in assets under management investing in seed stage startups. The company operates within a focus fund structure in the areas of Fintech, Marketplaces and Deep/Industrial Tech. In addition to providing financial investments, the fund actively uses its network and expertise to support its portfolio companies. Speedinvest's Silicon Valley office helps portfolio companies enter the US market.
Speedinvest is Speedinvest's newest focus fund - exclusively for industrial tech start-ups. It provides seed financing to support the digitization of the European industry by focusing on startups dealing with big data, smart manufacturing and new business models for the industrial world. The fund is mainly financed by leading industrial companies from Austria and Germany and provides an attractive entry for portfolio companies into Speedinvest's broad corporate network.