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m law group advises Torqeedo in financing round by WHEB Ventures

13.01.2010

m law group advises Torqeedo GmbH in connection with a further financing round. Lead investor of this financing round is a fund of the English WHEB Ventures Group, one of the leading investors for renewable energies in Europe.

WHEB as well as the previous Torqeedo Investors, including MS Beteiligungsgesellschaft mbH, and the Torqeedo Founders will invest another total of EUR 4.7 mio. in the Company.

Starnberg based Torqeedo GmbH, winner of the German Founder Price in the category Start-up 2008, develops innovative and highly efficient electric outboards.

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

Counsel to WHEB Ventures:
Taylor Wessing: Dr. Peter Hellich (Partner, Corporate, Munich), Dr. Ernst-Albrecht von Beauvais (Partner, Corporate, Düsseldorf) (both in the lead), Maria Weiers, (Associate, Corporate, Düsseldorf), Jeanette Hahn (Associate, Corporate, Munich).

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


Practice Area: Start-up & Venture Capital
Industry: Automotive