Momentum advises Hi Inov in the context of the investment in awork GmbH
Momentum advised Hi Inov (“Hi inov“) on an investment in awork GmbH (“awork“) as part of a EUR 5mio Series A financing round, alongside other investors, e.g. Swiss Post Ventures. Also the existing shareholders have participated in the round.
The founders of awork have developed a workflow management tool that provides teams with better, more efficient and more digital collaboration. Previously, the founders have successfully sold the company HQLabs to Bid Equity Group.
Hi Inov is a European B2B fund made by entrepreneurs for entrepreneurs and based in Paris, Lyon and Munich, supporting outstanding hypergrowth companies that transform the ever-changing services and industrial landscape with innovative digital deep-tech technologies.
With the Series A investment of EUR 5 million, awork plans to drive development and further increase growth.
Momentum, led by Dr. Daniel Wied, provided comprehensive legal advice to Hi inov as lead investor in the areas of corporate law and venture capital with the following Team:
Dr. Daniel Wied (Partner, M&A/Venture Capital)
Sarah Kaspar (Associate, M&A/Venture Capital)
The company and the founders were advised by Dr. Nikolas Zirngibl, Dr. Kilian Pfahl and Dr. Jonas Palme (Hogan Lovells).
Momentum is a boutique law firm specializing in transactions and advising in the areas of M&A, private equity, venture capital, corporate law and tax law – entrepreneurial, efficient, with experience and highest quality standards.