Osborne Clarke has advised EQT Ventures on its investment in Silexica GmbH. Silexica has raised $18 million to further develop its suite of software tools for self-driving vehicles. The financing round was led by EQT Ventures and included previous investors Merus Capital, Paua Ventures, Seed Fonds Aachen and DSA Invest.
Based in Cologne, Silexica offers a software product called SLX that helps companies manage the creation of complex software needed for sophisticated use cases, like autonomous cars. Silexica was founded in 2014 and has now raised a total of $28 million.
EQT Ventures is the EUR 566 million venture capital arm of the global private equity group, EQT. EQT Ventures invests in fast-growing and tech-enabled companies supporting them throughout different stages of growth.
The international Osborne Clarke team that advised on the transaction was led by Corporate Partners Nicolas Gabrysch (Cologne) and Mikael Moreira (Stockholm). The team included Kim Bergman, Sonja Riedemann, Felix Hilgert, Sebastian Hack, Anna Fitze, Jörg Puppe and Konstantin Sitte.
Osborne Clarke regularly advises EQT including most recently on its investment in Beamery.