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Press release

SZA Schilling, Zutt & Anschütz advises Apheris AI in Seed Extension Financing Round

Press Release Intellectual Property IT Law Data Protection Law - 


Apheris AI GmbH, a Berlin-based start-up, offers a platform for collaborative data ecosystems. The platform enables organizations to extract value from each other’s decentralized data sets in a way that helps them overcome regulatory, technical, and commercial challenges because the data never moves from the owner’s secure environment.

With Apheris, data never moves from the owner’s secure environment – its platform allows all parties to have complete control over data governance, which ensures security, privacy and IP protection. Creating collaborative data ecosystems breaks down data silos, drives more efficient actions and improves machine learning capability with higher quality data.

The seed extension round was led by Octopus Ventures, with additional funding from existing investors LocalGlobe, Dig Ventures, Another.VC and Patrick Pichette, the former CFO of Google. New investors included European healthtech investment specialists Heal Capital, Berthold von Freyberg, who co-founded Target Partners, as well as Mirco Novacovic, the founder of Instana. The total volume of the seed extension financing round was EUR 8.7 million.

For SZA Schilling, Zutt & Anschütz, Dr. Simon Apel (IP/IT/Venture Capital, Principal Associate, Mannheim) comprehensively advised Apheris AI GmbH in the seed extension financing round on issues concerning IP, IT and data privacy law. SZA Schilling, Zutt & Anschütz had already advised Apheris AI GmbH in the seed financing round in 2020 (https://www.sza.de/en/current/archive-news/news-detail/news/schilling-zutt-anschuetz-advises-apheris-ai-in-seed-financing-round/).

SZA Schilling, Zutt & Anschütz Rechtsanwaltsgesellschaft mbH

Schilling, Zutt & Anschütz has been one of the most respected German business law firms for over one 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.

FILES:
2022-11-21_SZA_Press_Release_Apheris.pdf 663 KB