Osborne Clarke has advised the international venture capital fund LocalGlobe on an investment in Covee, a blockchain-based platform for decentralized teamwork. The EUR 1.35 million investment comes from LocalGlobe and Atlantic Labs, Berlin. With Covee, workers can collaborate on data-driven problems via the platform and corporates as well as science labs can find experts to solve their problems without needing to hire a consultancy.
LocalGlobe is a UK-based venture capital firm that focuses on seed and impact investments.
The Osborne Clarke team that advised on the transaction was led by Partner Nicolas Gabrysch who was assisted by Till-Manuel Saur und Sophie Hoffmann (all Corporate).
Osborne Clarke is a market leader in Venture Capital and advises start-ups, financial and strategic investors from across the whole life-cycle. The firm most recently advised N26 on $160m series C financing round, Highland Capital partners on a loan up to EUR 25 million for eGym, Goodix Technology on acquisition of Commsolid and Acellere on €2.25m series A financing round.
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