Heuking Kühn Lüer Wojtek advised Capnamic Ventures on its investment in start-up company ZAGENO, an online marketplace for life science research products.
ZAGENO connects scientists, research institutes, and biotech manufacturers, enabling scientists to select the most important products for their labs from a high-quality portfolio. ZAGENO is headquartered in Boston/USA, but also operates in Germany via a subsidiary for ZAGENO Group from Berlin.
Capnamic Ventures has taken on the role of lead investor in seed financing round. The USD 8 million investment is intended to support growth in the key markets USA and Europe by increasing sales, marketing, and technical integration.
Heuking Kühn Lüer Wojtek advised Capnamic Ventures on the due diligence of ZAGENO's German operations, in particular in corporate and competition law. A U.S. law firm with which Heuking Kühn Lüer Wojtek worked together closely during the transaction advised on the financing documents that were concluded under U.S. law.
Capnamic Ventures is one of Europe's leading early stage venture capital investors based in Berlin and Cologne. Its investment focus is on technology start-ups in the German-speaking countries. Capnamic also invests jointly with international co-investors. All portfolio companies are supported by Capnamic's global industry network. The extensive know-how of Capnamic is based on more than 70 investments, numerous successful trade sales and IPOs, and the entrepreneurial experience in its investment team.
Counsel to Capnamic Ventures
Heuking Kühn Lüer Wojtek:
Dr. Mirko Sickinger, LL.M. (Lead, Corporate),
Dominik Eickemeier (Competition),
Sven Radke, LL.M. (Corporate),
Dr. Christopher Scholz (Corporate), all Cologne
Klaus Weinand-Härer (Tax), Frankfurt