BMH BRÄUTIGAM advises Schwarzwälder Bote on multi-million financing of German Autolabs
BMH BRÄUTIGAM accompanies with Redstone the investment of the Family Office of Schwarzwälder Bote in the recently closed financing round of the AI tech startup German Autolabs.
In addition to Schwarzwälder Bote as lead investor and shareholder of some of Germany's largest media groups, existing investors Target Partners, nbr Tech Ventures and Coparion also participate in the financing round.
German Autolabs, founded in 2016 by serial entrepreneur Holger G. Weiss, specializes in voice assistance solutions for professional drivers, couriers and delivery people and became known for the first retrofittable smart voice assistant for cars. The modular voice AI platform enables companies in the logistics industry to optimize everyday workflows and processes by linking delivery addresses, delivery peculiarities and route info from various data sources, thus further increasing delivery quality.
The new multi-million funding will now accelerate the roll-out of the voice assistance platform.
The BMH BRÄUTIGAM team has repeatedly acted alongside Redstone in the context of this investment. Having already advised on the investments of venture capitalist VR Ventures and the family office of Schwarzwälder Bote in RightNow at the end of last year, we are very pleased to be able to further strengthen and expand our relationship with Redstone.
Team BMH BRÄUTIGAM:
Dr. Patrick Auerbach, Edzard Rothen (both Venture Capital)