Under the leadership of Hamburg-based partner Prof Dr Stephan R. Göthel, GÖRG provided legal advice to the Osnabrück-based biotech start-up SeedForward GmbH during its € 2 million Seed funding round led by NBank Capital and supported by Mittelständische Beteiligungsgesellschaft Niedersachsen (MBG) mbH and a family office.
Founded in 2018 by Jan Ritter (CTO) and Jacob P. Rohn (CEO), SeedForward is a leading company in the development, production and marketing of innovative and sustainable seed treatments to improve plant growth and yield stability.
The funding will be used to accelerate SeedForward's European expansion and strengthen its position in sustainable agriculture. The company is focused on creating alternatives to chemical-synthetic seed treatments that offer both environmental and economic benefits to growers. Looking ahead, SeedForward is planning a Series A round next year.
NBank Capital is a 100% subsidiary of NBank, the Investment and Development Bank of Lower Saxony. NBank Capital supports growth-related financing needs of companies in Lower Saxony through equity investments. Mittelständische Beteiligungsgesellschaft Niedersachsen (MBG) mbH has been a trusted partner to SMEs, financial institutions, and business consultancies for over 25 years. It provides access to a selection of around 250 investment and venture capital companies.
Prof Dr Stephan R. Göthel has been advising SeedForward on all legal matters since its foundation, as well as in this financing round. Moreover, he advises companies in a wide range of industries, from start-ups to market leaders, as well as investors, on M&A, private equity/venture capital and corporate law. Stephan R. Göthel has extensive experience in national and international company acquisitions, joint ventures, corporate financing and management and employee participation
Advisors SeedForward GmbH
GÖRG Partnerschaft von Rechtsanwälten mbB
Prof Dr Stephan R. Göthel, LL.M. (Lead, Partner, Venture Capital, Hamburg)
Felix Schmidt (Associate, Venture Capital, Hamburg)
