Virtual and Augmented Reality: GvW Graf von Westphalen advises Innoactive in a financing round
Innoactive GmbH is receiving financing to expand its virtual and augmented reality technologies. Unternehmertum Venture Capital Partners (UVC Partners) and Capnamic Ventures are participating with a total of € 4.4 million in the Munich startup. GvW Graf von Westphalen advised Innoactive in this series A financing round.
Innoactive develops virtual and augmented reality software solutions especially for companies with collaborative planning, simulation and training applications. The customers of the company established approximately four years ago include large corporate groups such as Volkswagen, MediaMarktSaturn and Continental. The financing serves the purpose of further developing and expanding the technology.
UVC Partners is an early-stage venture capital company which, in close cooperation with UnternehmerTUM, the leading center for innovation and founders in Europe, invests specifically in technology-based startups in the German language region. UVC Partners focuses on companies in the fields of industrial technology, enterprise software and mobility.
Capnamic Ventures, with more than 70 participations, is a leading early-stage investor. The company has its headquarters in Cologne and Berlin and targets its investments towards markets and industries with large potential for growth and disruption.
GvW Graf von Westphalen advised Innoactive with a Frankfurt team consisting of Titus Walek (lead), Dr. Marco Zessel (both corporate law/M&A), Christof Kleinmann (employment law) and Christian Kusulis (IP).
News
Federal Administrative Court: Fehmarn Belt Fixed Link may be built
The Federal Administrative Court has dismissed all six pending appeals against the planning decision on the Fehmarn Belt Fixed Link. Construction of the tunnel may therefore now also begin in Germany. GvW advised the State of Schleswig-Holstein and was represented by a Hamburg team consisting of Dr Ronald Steiling (lead), Corinna Lindau, Dr Dietrich Drömann, Prof. Dr Christian Winterhoff, Dr Andreas Wolowski, Saskia Soravia, Dr Stefanie Ramsauer, Dr Annika Bleier, Felix Kazimierski and Niclas Langhans. (BVerwG 9 A 6.19, 9 A 7.19, 9 A 9.19, 9 A 10.19, 9 A 11.19, 9 A 12.19 and 9 A 13.19).
H4 Hotel Mönchengladbach at BORUSSIA-PARK: the place for that Bundesliga feeling
Football is king at H-Hotel Group’s new H4 Hotel in Mönchengladbach. Its location right next to the stadium and the theme rooms depicting the history of the Borussia Dortmund football club make this new hotel unique and a must for any football enthusiast. Our lawyers had the pleasure of advising H-Hotels Group on the creation of its first football-themed hotel and took the chance to visit this amazing place shortly after its opening.
Transport System Bögl: new local public passenger transport system a big success in China
The Max Bögl group of companies has developed a new local public passenger transport system. The system called “Transport System Bögl” (TSB) uses magnetic levitation, or “maglev” technology and provides a clean and cost-efficient means of transport for better mobility in inner city areas. The technology is becoming increasingly popular also in other countries: Max Bögl’s most recent export order was the sale of its TSB to China. The company’s plans include building a 3.5 km test track in Chengdu and extensive marketing activities to promote the technology in China – all through a sales partnership with a Chinese company.
Our Services
You don't want to miss any more of the latest legal developments? And be invited to our events? Then register here.