Frankfurt/Main – Several business angels and Solactive AG have acquired shares in Frankfurt climate change start-up right. based on science. The start-up plans to use the funding to continue developing its software.
A CMS team from the Frankfurt office consisting of Dr Florian Plagemann, Dr Tobias Kilian and Dr Joachim Dietrich advised right. based on science on all legal aspects of the financing round. right. based on science is a member of equIP, CMS’s own start-up support programme. The aim of the CMS equIP programme is to support start-ups and young innovative companies in the digital and tech industry and enable them to become strong contenders for Series A financing. To achieve this, CMS provides firms with comprehensive legal advice while engaging with their entrepreneurial objectives. The Frankfurt-based CMS team regularly advises start-ups and investors on financing rounds.
right. based on science is headquartered in Frankfurt am Main. Its activities include developing software for calculating individual contributions to climate change. This enables clients to establish the contribution of their company or portfolio to climate change. The results are expressed as an easy-to-understand °C figure.
Frankfurt-based Solactive AG is an index provider with global operations. With the world’s leading investment banks and asset managers as clients, it develops tailored index solutions spanning a range of asset classes for ETFs and other index-linked investment products.
Dr Joachim Dietrich, Partner
Dr Tobias Kilian, Principal Counsel
Dr Florian Plagemann, Counsel, all Corporate/M&A