Watson Farley & Williams LLP (“WFW”) has advised Serinus GmbH, Hagen (“Serinus”) on a €1m venture capital investment to finance its further growth by funds managed by Creathor Venture Management GmbH, Bad Homburg v.d.H. (“Creathor Ventures”). The investment was made via shares acquired through a capital increase at Serinus.
Based in Germany’s industrial heartland of the Ruhr, recent start-up Serinus has quickly risen to become one of the world’s leading providers of smart event communication, thanks to its bespoke, easy-to-use and reliable alarm and crisis management software.
With €230m currently under management and regional focus on Germany and Switzerland, Creathor Ventures invests in technology-oriented enterprises focussed on business and industrial automation, as well as the personalisation and digitisation of healthcare.
The WFW Germany team advising Serinus was led by Frankfurt Partner Dr Christoph Naumann who led on the corporate/M&A and venture capital aspects of the transaction.
Serinus’ CEO Benjamin Lieber commented: “Working alongside Christoph was both very pleasant and highly effective. His legal expertise and excellent consulting skills ensured we were able to successfully complete this important venture capital investment, and we look forward to working with WFW again in the future”.
Christoph added: “I would like to thank Serinus for entrusting WFW the mandate to advise them on this strategic financing. It is always a great pleasure to be able to assist innovative start-up companies working with experienced investors who can help them take their businesses to the next level”.