Hogan Lovells advises finn GmbH on 8.8 million Euro financing round
Led by Munich Senior Associate Peter Lang, Hogan Lovells advised the car subscription start-up finn.auto on a seed financing amounting to EUR 8.8 million.
The financing round was led by the lead investor HV Holtzbrinck Ventures. The Danish venture capital firm Heartcore Capital, early stage investor UVC Partners and existing investor Picus Capital are also participating.
Since October 2019, the Munich-based start-up finn.auto has offered customers a flexible "all-inclusive" car subscription that can be adjusted or cancelled at any time. By offsetting the CO2 emissions of its fleet, the start-up enables more sustainable mobility. Among other things, finn.auto plans to use the capital to expand its fleet of 76 vehicles with a focus on electromobility and to expand its team.
Hogan Lovells advised finn GmbH comprehensively on all legal issues in the context of the financing round.
Hogan Lovells Team for finn GmbH
Munich
Dr. Peter Lang (Senior Associate), Dr. Nikolas Zirngibl (Partner) (both Corporate);
Dr. Marion Fischer (Senior Associate, Intellectual Property);
Frankfurt
Dr. Kerstin Neighbour (Partner), Dr. Sabrina Gäbeler (Senior Associate) (both Employment).
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