Stuttgart – Asvin GmbH of Stuttgart, a provider of blockchain-based software supply chain security for the Internet of Things (IoT), has received further capital in a seed round of financing. The investors involved are mainly specialised in blockchain technology and include coinIX GmbH & Co. KGaA, BESTO GmbH, Swiss company CV VC AG and other private equity firms.
A CMS team headed by lead partner Dr Axel Funk and Dr Helge Rieckhoff advised Asvin on all legal aspects of the financing round.
CMS Germany
Dr Axel Funk, Lead Partner, Stuttgart, TMC
Dr Helge Rieckhoff, Counsel, Leipzig
Kevin Schmidt, Associate, Leipzig, both Corporate/M&A
Dr Anja Naumann, Partner, Leipzig
Dr Benedikt Forschner, Counsel, Munich, both Labor, Employment & Pensions
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