Lakestar’s Investment In sennder GmbH

Clifford Chance has advised venture capital fund Lakestar on its investment in the digital logistics company sennder GmbH.

sennder collected USD 70 million in growth capital in one of the largest funding rounds for a European logistics tech company. Together with lead investor Lakestar, VC fund Accel, the Siemens start-up unit Next47, the Italian Family Office H14, HV Holtzbrinck Ventures, Project A and Scania Growth Capital also participated in the financing. This is already the second round of financing this year, with sennder raising a further USD 30 million in the spring.

With its in-house-developed platform, sennder GmbH connects commercial businesses with freight carriers.

Lakestar is an international venture capital firm founded by the technology investor Klaus Hommels in 2012.

The Clifford Chance team comprised partner Frederik Mühl (Picture) and associate Laura Treublein (both Corporate/Private Equity, Frankfurt/Munich), partner Claudia Milbradt and counsel Florian Reiling (both IP, Düsseldorf), partner Stefan Simon and senior associate Christopher Fischer (both Employment, Frankfurt), partner Thomas Voland and senior associate Mira Wilcock (both Corporate/Regulatory, Düsseldorf) and partner Olaf Mertgen (Tax, Frankfurt).

Involved fees earner: Christopher Fischer – Clifford Chance; Olaf Mertgen – Clifford Chance; Claudia Milbradt – Clifford Chance; Frederik Mühl – Clifford Chance; Florian Reiling – Clifford Chance; Stefan Simon – Clifford Chance; Laura Treublein – Clifford Chance; Thomas Voland – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Lakestar;