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Press release

Schilling, Zutt & Anschütz advises Apheris AI in seed financing round

Press Release Mergers & Acquisitions IT Law - 


Apheris AI GmbH was founded in 2019 in Cologne. The start-up enables enterprises to collaborate and analyse data securely without compromising privacy. Their AI-based solutions allow data scientists to access data of third party in a privacy-preserving manner.

Lead investors in the seed financing round now completed were LocalGlobe X (Guernsey) SPV Limited and Dig Ventures Coöperatief U.A. Other venture capital investors also participated in the round. The total volume of the seed financing round was EUR 2.5 million.

The Mannheim-based start-up/VC-team of SZA comprehensively advised Apheris AI GmbH over the entire seed financing round, in particular on the structuring of the round, the negotiation of the investment agreement, shareholders' agreement and further documentation as well as on the conversion of existing convertible loans. Under the mandate of Dr. Thomas Nägele (IP/IT/VC), the team was led by Dr. Matthias Heusel (M&A/Corporate/VC) and Dr. Simon Apel (IP/IT/VC). The SZA team also included Dr. Christian Weber (M&A/Corporate).

Schilling, Zutt & Anschütz has been one of the most respected German business law firms for almost a century. With approximately 100 lawyers and offices in Frankfurt, Mannheim,  Munich, and Brussels, the firm advises national and international clients on complex legal issues arising in business, in particular in the areas of corporate law, M&A, compliance, capital markets, real estate, insolvency, employment law, antitrust,  intellectual property, litigation, tax, private clients and public law.

FILES:
20-08-20_Press_Release_Apheris_AI_GmbH.pdf 220 KB