12 October 2023 Press releases

GvW advises ESG software pioneer osapiens on €25 million financing round

Mannheim-based software company osapiens has successfully closed a €25 million financing round with investor Armira Growth.

osapiens delivers SaaS solutions for supply chain visibility and sustainable business management with its cloud technology platform "osapiens HUB". Customers can use the software to map all processes along the value chain that are relevant for corporate sustainability on one platform - a crucial competitive advantage for companies, especially against the backdrop of the upcoming flood of new national and international legal requirements on due diligence and sustainability reporting obligations, such as the LkSG and the upcoming European directives on these topics (including CSRD and CSDD).

Armira Growth, part of the Munich-based investment holding Armira, invests in fast-growing companies in Europe that are driving technological change and challenging traditional value chains with innovative solutions.

GvW advised osapiens on this financing round through Titus Walek (lead) and Sina Reck (both PE/VC). Frankfurt partner Titus Walek has already advised osapiens on various M&A transactions in the past, most recently on the acquisition of a majority stake in fTrace GmbH (now osapiens ftrace) (more).

In addition, a team led by Hamburg-based GvW partner Dr Lothar Harings is continuously advising the ESG software pioneer on the (further) development of the new software tool "osapiens HUB for LksG/" for the automated implementation of the new regulatory requirements under the Supply Chain Sourcing Obligations Act (LkSG), which will come into force on January 1, 2023, the upcoming EU Sustainability Directive and the Regulation on deforestation-free products.

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