Berlin, 19.01.2023 – Brandenburg Kapital GmbH is pleased to have two new companies in its portfolio: Crocus Labs GmbH and KURABU GmbH. It was advised by Luther Rechtsanwaltsgesellschaft on the investment in each of the two start-ups.
Crocus Labs provides energy-efficient full-spectrum lighting solutions for horticulture and closes a seven-figure seed investment round. KURABU is a digital platform for the administrative management of associations and receives EUR 1.55m in a seed financing round.
The Berlin-based Luther team has already advised Brandenburg Kapital on seven investment rounds in 2022 alone. Luther and Brandenburg Kapital have been working together since 2020. For example in 2021, Luther also provided legal advice to Brandenburg Kapital on its investment in Veganz Group AG and its subsequent IPO.
Binh Vu and Dr Torsten Fiegler, Senior Investment Managers, Brandenburg Kapital on the cooperation with Luther: "For our deal team, excellently prepared mark-ups on the contract versions and permanent hands-on support in the negotiations are critical to success in order to securely close the financing round. Luther has proven to be this delivering and trustworthy partner in our mandates."
About Brandenburg Kapital:
Brandenburg Kapital GmbH, based in Potsdam, is a subsidiary of the Investitionsbank des Landes Brandenburg (ILB). On behalf of the Brandenburg Ministry of Economic Affairs, Labour and Energy (MWAE), it supports dynamic start-ups and high-growth companies in Brandenburg with venture capital and know-how. Together with co-investors, Brandenburg Kapital has invested over EUR 750 million in more than 160 dynamic companies from the region since 1993.
On behalf of Brandenburg Kapital:
Luther, IP/IT: Johannes Klausch, LL.M. (Counsel)
Luther, Employment Law: Dr Hilmar Rölz, MLE (Senior Associate)