Heuking advised Next Big Thing AG on the deal.
Next Big Thing AG announced its EUR 19 million Series B financing round.
As a leading venture studio, NBT offers a full range of services for establishing deep-tech startups. With its portfolio of startups in IoT, AI, Machine Economy, and DLT, NBT provides long-term support for B2B companies. A team led by Ariane Neubauer advises both NBT and its startups on issues relating to corporate, employment, IT, and tax law on an ongoing basis.
The total investment volume of the Series B financing round of EUR 19 million far exceeded NBT’s self-imposed EUR 15 million target. This success speaks to the power of NBT’s business model. NBT attracted new investors such as the family office Blue Lion, WIKA Group, roellpartners, Mujinzo Labs, and Gemelo Holding. In addition, several existing investors participated in the Series B financing round, including EOS VC Europe I Fund and GPS Ventures.
NBT aims to use the investment to successfully launch further promising deep-tech startups and to strengthen its existing portfolio. In addition to focusing on rapidly scalable business models, the company also intends to invest in core technologies for the future world of the Machine Economy.
The Heuking team included Ariane Neubauer (Picture – Lead; Venture Capital), Shimon Merkel, LL.M. (Venture Capital), Philipp Börger (Venture Capital), Astrid Reich (Employment), Dr. Sarah Slavik-Schulz (Tax), Astrid Luedtke (IP, Media & Technology) and Anna Coenen (Compliance).
Involved fees earner: Philipp Börger – Heuking Kühn Lüer Wojtek; Anna Coenen – Heuking Kühn Lüer Wojtek; Astrid Luedtke – Heuking Kühn Lüer Wojtek; Shimon Merkel – Heuking Kühn Lüer Wojtek; Ariane Neubauer – Heuking Kühn Lüer Wojtek; Astrid Reich – Heuking Kühn Lüer Wojtek; Sarah Slavik-Schulz – Heuking Kühn Lüer Wojtek;
Law Firms: Heuking Kühn Lüer Wojtek;
Clients: Next Big Thing;