Baker McKenzie advised Terranet on the deal. Baker Tilly advised holoride GmbH.
Holoride completed a Series A funding round of EUR 10 million from an investment consortium led by Terranet with its EUR 3.2 million investment. At the time of the investment, holoride earned a EUR 30 million valuation, and Terranets investment is corresponding to 10.84% of the shares in the company.
Terranet develops software for radio-based solutions and three-dimensional image analysis for advanced driver-assistance systems and autonomous vehicles
The Baker McKenzie team consisted of Carl Svernlöv (Picture) and Peder Oxhammar from Stockholm as well as Marcus Meese, Tino Marz and Eva Kriechbaumer from Munich.
The Baker Tilly included Partner Sven Vollstädt, Dr. Christian Engelhardt, Attorney-at-Law (IP/IT), Senior Manager Patricia E. Bramowski, Attorney-at-Law (corporate law), Marco Stahn, Attorney-at-Law (labor law), Manager Alexander F. Liebing, LL.M. (corporate law) and Manager Daniela Konle, Attorney-at-Law (corporate law). The tax consulting team comprised Partner Mario Hesse, Tax Advisor / German CPA (tax), Partner Christian Wegener, Tax Advisor (tax, insurance) and Senior Manager Piet Werner, Tax Advisor (tax).
Involved fees earner: Eva Kriechbaumer – Baker McKenzie; Tino Marz – Baker McKenzie; Jon Marcus Meese – Baker McKenzie; Peder Oxhammar – Baker McKenzie; Carl Svernlöv – Baker McKenzie; Patricia Bramowski – Baker Tilly; Christian Engelhardt – Baker Tilly; Mario Hesse – Baker Tilly; Daniela Konle – Baker Tilly; Alexander Liebing – Baker Tilly; Marco Stahn – Baker Tilly; Sven Vollstädt – Baker Tilly; Christian Wegener – Baker Tilly;