Osborne Clarke has advised VR Ventures / Redstone on its investment in the seed funding round of start-up nuwo.
Founded by Lisa Rosa Bräutigam, Philip Müller, Benjamin Krüger and Jörn Depenbrock, nuwo has been offering home office furniture in a B2B model since early 2021. The start-up develops curated and individually branded online shops for companies where employees can choose their desired furniture – paid for by their own company.
The choice includes ergonomic chairs, height-adjustable desks, mobile pedestals, or desk lamps, which are delivered and set up by nuwo to ensure optimal settings. The furniture in this "home office as a service" model is leased, the contract term is two to five years. Nuwo works directly with the furniture manufacturers, including Sedus Stoll or USM Haller, for example. Nuwo's customers pay a monthly leasing fee.
The start-up has now secured a total of EUR 2.75 million in a seed financing round. Led by VR Ventures / Redstone, IBB Ventures, Freiburg-based investor Haufe Group Ventures and Takkt AG also participated in the financing round.
The Osborne Clarke team advising VR Ventures / Redstone, led by Maximilian Vocke, consisted of Dana Alpar, Benedikt Hülsmann (all Corporate / Venture Capital), Julia Kaufmann, Dr Florian Eisenmenger (both IT), Robert Briske, Philip Funke (both IP), Kamissa Kruse and Julian Jentsch (both Employment).