WMWP Act Legal Advises Gruenderfonds on Adverity Series A Financing

WMWP Act Legal Advises Gruenderfonds on Adverity Series A Financing

Austria
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WMWP Act Legal has advised aws Gruenderfonds in the course of Series A financing for Adverity — an Austrian company that specializes in integration and analysis of marketing data. Mangrove Capital Partners, which was involved as a lead investor, was advised by Herbst Kinsky. Freimuller Obereder Pilz served as legal consultant to Adverity in the deal.

The total amount for the Series A financing round was EUR 3.2 million.

The WMWP Act Legal team was led by Partner Paul Koppenwallner and included Associate Jan Hollenthoner.

The Freimuller Obereder Pilz team was led by Michael Pilz.

Herbst Kinsky and Freimuller Obereder Pilz did not reply to our inquiries about the deal.