27.05.20
BMH BRÄUTIGAM advises KREATIZE on growth financing by Austrian investors BCII and Martin Ohneberg
BMH BRÄUTIGAM has advised KREATIZE, the leading German procurement platform for the mechanical engineering industry, in the context of the recently concluded financing round which ranged in the mid single-digit million area.
KREATIZE was founded in Tübingen in 2015 by Daniel A. Garcia Rodriguez and Simon Tüchelmann. Using the KREATIZE platform, mechanical engineering companies and manufacturing partners can automate and accelerate the complete procurement process of industrial components, from ordering to delivery. The company currently has around 150 customers, including both global leaders and medium-sized companies, from the fields of 3D printing, electromobility, micro-mobility, robotics and automation.
With the fresh capital and the support of the Austrian investor B&C Innovation Investment (BCII) and the entrepreneur Martin Ohneberg, the expansion into the neighbouring country of Austria is to be promoted and the market leadership in Europe further expanded. B&C Innovation Investment holds majority stakes in Lenzing, AMAG and Semperit, among others, and is Austria's largest independent industrial holding company. Entrepreneur Martin Ohneberg, CEO of the Vorarlberg automotive supplier HENN, participated in the financing round as a co-investor. Both investors provide KREATIZE with very good access to the new target market through their strong network in the Austrian industry.
KREATIZE has so far been supported by several investors already, including Earlybird Venture Capital, and already has raised several million Euros up to now.
Background:
The team of BMH BRÄUTIGAM is pleased to further strengthen the client relationship with KREATIZE. After the first consultation on the takeover of fabrikado at the beginning of the year, the support of the financing round is the second project mandate within a short time. KREATIZE is also being advised by BMH BRÄUTIGAM on an ongoing basis.
Team BMH BRÄUTIGAM:
Bastian Reinschmidt, Janina Möllmann, Raoul Moriz Nissen (all Venture Capital I M&A)