BMH BRÄUTIGAM advises SIGNA Innovations on Series A Financing Round of Startup Building Radar

BMH BRÄUTIGAM has advised SIGNA Innovations on 5 mio Series A financing round of the Munich-based Startup Building Radar.

Building Radar was founded in 2015 by Paul Indinger, Leopold Neuerburg and Raoul Friedrich and offers a B2B platform based on an AI-based algorithm with which suppliers and service providers (such as Vitra, Viessmann or Linde) can identify new construction projects worldwide at an early stage - and thus ahead of their competitors. Building Radar intends to use the fresh capital to further refine its algorithm, optimise the search and expand into new markets. Signa Innovations invested i.a. together with Proptech1 Ventures, Coparion, Alexander Samwer (Picus Capital) and Ferdinand Oetker (FO Holding).                                                                                                                                                                                                                                                                                                                              Background: The contact to SIGNA Innovations has been established through our activities at VeeCee Berlin, a network of young VC investment managers, as well as through our real estate practice, which has been advising the SIGNA Group on real estate and M&A transactions for many years. BMH BRÄUTIGAM is pleased to further expand and strengthen its client relationship with SIGNA.                                                                                                                                                                                                                                                                                                                                                 Team BMH BRÄUTIGAM: Dr. Alexander Wulff, Dr. Matthias Rüping (both Venture Capital)