Brandl & Talos has advised Anyline on its generation of USD 12 million in growth capital through a Series A round of financing. Lead investors Project A and Senovo were advised by Herbst Kinsky and Schnittker Mollmann Partners, respectively.
Anyline has developed a mobile optical text recognition technology that helps companies and institutions in transforming analog information from, among other things, ID documents, number plates, and electricity meters, into digital data. Anyline has provided its technology to international groups such as Toyota, IBM and PepsiCo.
The capital raised by Anyline will primarily be invested in the recruitment of new employees, the strengthening of the sales fleet, and the establishment of an office in Boston.
Brandl & Talos's team was led by Partner Roman Rericha and included Attorney at Law Markus Arzt, Attorney Sabine Konrad, and Christina Bernhart.
The Herbst Kinsky team was led by Partner Philipp Kinsky and included Associate Georg Durstberger. The Schnittker Mollmann Partners team was led by Associated Partner Frederik Gartner.