GvW Graf von Westphalen advised Munich-based Parkdepot GmbH on a € 4.2 million seed financing round with Amsterdam-based venture capital investor henQ.
Parkdepot is a fast-growing startup from Munich specializing in digital solutions for the European parking market. The company fully digitalizes parking lots, relying on camera-based systems instead of traditional technologies such as barriers, ground sensors, and onsite staff. Parkdepot's customers include parking space owners, real estate companies, restaurants and retailers in more than 150 cities in Germany.
henQ is an Amsterdam based venture capital firm that invests in European B2B software startups - from pre-seed to series A financing rounds.
The GvW team comprises Titus Walek (lead), Jan Hüniken (both venture capital) and Karsten Kujath (employment law).
GvW Graf von Westphalen advised the transmission system operator 50Hertz on the award of a major contract for the North Sea Connector 2 offshore grid connection project. The project involves the planning, construction, installation and commissioning of a converter system comprising an offshore converter platform in the North Sea and an onshore converter station in Mecklenburg-Western Pomerania. The North Sea Connector 2 project is intended to connect offshore wind farms in the North Sea to the German electricity grid in future.
GvW Graf von Westphalen has advised Primepulse and Vsquared Ventures on the Series C financing round of NEURA Robotics GmbH. The transaction ranks among the largest venture financing rounds in the European startup ecosystem to date.
GvW Graf von Westphalen has advised Ethereal Space, Inc., a pioneering commercial space company, on space and satellite law matters and the establishment of its affiliate Ethereal Space GmbH.
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