POELLATH advises Latana on a Series B financing round, venture debt financing and the sale of a business unit with a total volume of over EUR 36 million
The Series B financing round was led by Oxx Capital, a growth capital investor specializing in the Software-as-a-Service (SaaS) sector. Existing investors Balderton Capital, Wellington and VC Fonds (IBB) also participated in the Series B funding round.
At the same time, Latana secured further funding via venture debt financing for the future scaling of the young start-up from Kreos Capital.
The company also recently sold part of its original API technology to market research firm PureSpectrum through Dalia Research and is now focusing on scaling its B2B SaaS brand tracking platform. Going forward, Latana will thus focus on a solid alignment with the B2B SaaS sector.
POELLATH provided comprehensive legal advice to Latana on all three transactions with the following Munich team:
- Dr. Sebastian Gerlinger (counsel, lead, M&A/VC)
- Tobias Jäger (partner, M&A/VC)
- Christian Toenies (partner, M&A/VC)
- Markus Döllner (senior associate, M&A/VC)
- Dr. Matthias Meier (associate, M&A)
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