Munich – Quantitec, a developer of real-time localisation technologies, has received growth capital of EUR 3.9 million in a venture capital financing round. The round was led by LEA Partners. Other investors include Vito Ventures, Tengelmann Ventures and several business angels. The company plans to use the capital to further strengthen and expand its market position.
An integrated CMS venture capital and TMC team headed by lead partner Stefan-Ulrich Müller and Dr Markus Kaulartz advised lead investor LEA Partners on all legal aspects of the financing round. The law firm’s broad expertise in venture capital and the Internet of Things (IoT) once again proved very valuable. The team has advised on multiple transactions with a focus on digitisation in the recent past.
As an entrepreneurial equity partner, LEA Partners supports company founders and management teams in various development phases as they seek to achieve growth and market leadership. Based in Karlsruhe, home to one of the largest technology clusters in Europe, LEA Partners has been involved in investment in many technology companies since 2002.
Quantitec GmbH is headquartered in Hofheim am Taunus, in the federal state of Hesse. It specialises in real-time IoT sensor platforms for locating objects in production and logistics environments. Established in 2013, the company is positioned as a technology partner and end-to-end solution provider for digitisation projects in the industrial space. Its portfolio includes solutions around the smart factory, AutoID, indoor localisation, real-time tracking and process automation.
CMS Germany
Stefan-Ulrich Müller, Lead Partner
Sabine Renz, Associate
Felix Schmitt, Associate, all Corporate/Venture Capital
Dr Daniel Hofmann, Counsel
Dr Markus Kaulartz, Senior Associate, both TMC
Stefan Lüft, Partner, Intellectual Property
Dr Christoph Ceelen, Senior Associate, Labor, Employment & Pensions
Press Contact
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