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Brandl & Talos Advises Grunderfonds on ToolSense Financing

Brandl & Talos Advises Grunderfonds on ToolSense Financing

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Brandl & Talos has advises aws Grunderfonds on its entry into Viennese start-up ToolSense GmbH.

According to Brandl & Talos, in a recent financing round, ToolSense received investment from Grunderfonds and Segnalita Ventures for the intelligent networking of construction machinery. ToolSense was founded in 2017 as a spin-off from the incubator of the University of Applied Sciences Technikum Wien. The company offers a solution from hardware, firmware, analytics, Internet-of-Things cloud to frontends to manufacturers, providing a solution for digitization in the power tools industry.  

Grunderfonds is an Austrian venture capital fund based in Vienna.

The Brandl & Talos team was led by Partner Roman Rericha and included Attorney Markus Arzt.

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