10.02.2020

Luther advises Capnamic on its investment in a construction software startup

The venture capital company Capnamic Ventures (Capnamic) is investing in the Munich-based construction software startup Capmo. Luther provided legal advice to Capnamic on the investment.

Background

Capnamic Ventures is one of Europe's leading early-stage venture capital investors with offices in Berlin and Cologne. The investment focus is on technology startups. Capmo is a startup founded in 2018, which develops software for the construction industry that enables construction managers to document and control processes digitally on their smartphones. Their clients and projects include the Frankfurt Grand Tower and the German Museum in Munich.

Capmo has successfully completed a Series A financing of EUR 5 million, led by Capnamic and supported by business angels from the CDTM network (Center for Technology and Management) and the existing investors Entrepreneurship Venture Capital and HW Capital. Luther's M&A/Venture Capital Team from Cologne once again provided legal advice to Capnamic in a financing round.

For Capnamic Ventures:

Luther, M&A / Venture Capital: Dr Gregor Wecker (Partner), Fabian Mimberg (Senior Associate)

Luther, IP/IT: Adrian Freidank (Senior Associate)

Luther, Employment: Stefanie Prehm (Partner), Maurice Straub (Senior Associate)

Author