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Schoenherr and Act Legal Austria WMWP Advise on Carbomed Financing Round

Schoenherr and Act Legal Austria WMWP Advise on Carbomed Financing Round

Austria
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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.

Schoenherr at a Glance

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu