Schoenherr has advised Austrian start-up Carbomed Medical Solutions on a EUR 3 million financing round led by Aws Gruenderfonds. Act Legal Austria WMWP advised Aws Gruenderfonds on the deal.
According to Schoenherr, “Carbomed Medical Solutions, a start-up founded in Graz, develops and sells Breathe Ilo, a breath analysis device that tracks a woman's cycle predicting ovulation. Before this financing, EUR 5 million in investments and grants were already collected to fund the intense product development over several years. With the EUR 3 million that has now been secured the company plans to continue its expansion internationally and to develop new product features.”
Schoenherr’s team included Partners Thomas Kulnigg and Andreas Natterer, Attorneys Clemens Gaugusch and Iliyana Sirakova, and Associate Dominik Tyrybon.
Act Legal Austria WMWP's team was led by Attorney Paul Koppenwallner.