Orrick's European Tech Companies Group Advises on Two Financings in Germany


Orrick’s European Technology Companies Group recently advised on financings for two growing German companies.

A cross-office team from our Düsseldorf and Berlin offices advised Scandinavian investor Northzone on its first direct investment in Germany as lead investor in a financing round for the Berlin-based start-up Outfittery. Founded in 2012, Outfittery’s curated shop model provides male customers with mail-order clothes and fashion accessories, prepared by professional stylists according to the customer’s personal preferences and fit. Outfittery is already operating successfully in several European countries and will invest these new funds in further European expansion.

An investment fund focused on growth investments in technology companies, Northzone holds shares in over 80 different technology companies around the globe, including the international online job search StepStone, through a previous investment.

The Orrick team advising Northzone was led by Dr. Albrecht von Breitenbuch (Partner, Corporate/Venture Capital, Berlin) and included Dr. Christian Schröder (Partner, IP/IT, Dusseldorf) and Dr. Katharina von Rosenstiel (Senior Associate, Employment, Berlin).

Another cross-office team, comprising lawyers from our London and Düsseldorf offices, advised Anterra Capital on an equity investment in LemnaTec GmbH. LemnaTec, headquartered in Aachen, Germany, is a leader in providing high-throughput research platforms and analysis software for plants.

Anterra Capital is an independent growth capital fund with a focus on growing companies that are working to make the global food supply chain safer, more efficient and more sustainable.

The Orrick team advising Anterra was led by Dr. Sven Greulich (Düsseldorf) and Giles Hawkins (London).