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m law group advises Torqeedo in series B financing

30.01.2008

m law group advises Torqueedo GmbH in connection with a series B financing in the amount of EUR 4m. Publicly backed VCs KfW Mittelstandsbank (under the ERP Startfonds program) and BayBG, as well as a private investor, and the investors from the previous round participate in this financing round.

Starnberg based Torqeedo GmbH develops innovative and highly efficient electric outboards.  

Counsel to Torqeedo GmbH:
m law group: Rainer Kreifels (Corporate; lead), Dr. Florian Anselm (Corporate).

Counsel to BayBG:
Weitnauer Rechtsanwälte, Munich: Dr. Wolfgang Weitnauer, M.C.L.  

Counsel to other investors:
In-house, n.a., respectively.

Practice Area: Start-up & Venture Capital
Industry: Mechanical Engineering