POELLATH advises Cusp Capital on EUR 6.2 million financing round in CertHub
Munich-based CertHub GmbH (“CertHub”), a software company specializing in regulatory processes in the medtech sector, has successfully completed a seed financing round of EUR 6.2 million. The round was led by Cusp Capital Partners GmbH (“Cusp Capital”); additional investors included D11Z. Ventures, Calm/Storm, UnternehmerTUM, and a strong group of nine experienced business angels and founders, such as Axel Stepken (president and former CEO of TÜV SÜD). POELLATH provided comprehensive legal advice to Cusp Capital in connection with this financing round.
CertHub addresses one of the biggest bottlenecks in the European medtech industry: regulatory compliance. The company has set the goal of bringing medical products to patients more quickly and efficiently by digitizing and automating manufacturers’ regulatory processes – such as technical documentation and quality management systems – with its AI-powered compliance software. The team’s interdisciplinary experience in aviation, AI and medical technology puts CertHub in a unique position to modernize regulatory compliance in a sustainable way.
Cusp Capital is a venture capital firm specializing in European software and technology. The team invests in early-stage companies with the potential to transform their respective industries with new technologies. Cusp Capital’s portfolio includes young technology and software companies, such as HERO Software, SIDES, VIDA and Acto, as well as other investments in start-ups such as Hivebuy, Mainteny and taclia.
POELLATH advised Cusp Capital on the financing round with the following team:
- Christian Tönies (partner, venture capital, Munich)
- Markus Döllner (counsel, venture capital, Munich)
- Christine Funk (counsel, IP/IT, Frankfurt)
- Severin Scholz (senior associate, venture capital, Munich)
