Herbst Kinsky has advised Mavoco on its EUR 11 million series A+ financing round led by 3TS Capital Partners, red-stars.com, and additional investors. Cerha Hempel advised red-stars.com. Dorda reportedly advised 3TS.
Mavoco is an Austrian IoT connectivity management platform developer.
According to Herbst Kinsky, Mavoco will use the fresh funding to bolster its global expansion, enhance service delivery, and reinforce its position in IoT connectivity for the global telecom market.
The Herbst Kinsky team included Partner Philipp Kinsky, Attorney at Law Anna Diensthuber, and Associates Alina Eigner, and Johanna Hoeltl.
The Cerha Hempel team included Partner Nadine Leitner and Senior Associate Jakob Weber.
