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News 30 Oct 2024 · Germany

CMS advises Ecopals on a four million euro financing round

2 min read

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Berlin, 30.10.2024 – The Berlin-based startup Ecopals, a manufacturer of sustainable road construction materials, has raised four million euros in a recent financing round. The new investors include, for the first time, a strategic industrial partner in the form of the MHI Group, as well as the foreign partner Après-demain SA, the holding company of a private Swiss family group active in the fields of life sciences, asset diversification and philanthropy, and Companisto, the market-leading private investor network in the DACH region and leading venture capitalist for startup investments. Ecopals plans to use the fresh capital to expand the market share of its flagship product Ecoflakes in Germany and to develop international markets.

A CMS team led by Dr Friedrich von Spee provided comprehensive legal advice to Ecopals on this financing round. Start-ups, investors and founders of technology companies regularly rely on the expertise of the Berlin Venture Capital team.

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presse@cms-hs.com

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