International law firm Bird & Bird has advised Vanagon Ventures as lead investor in the pre-seed financing round of ExoMatter.
ExoMatter is revolutionising the field of materials research by using AI and quantum mechanical modelling. The company also shortens the materials development process by up to 90%, reducing the associated costs and greenhouse gas emissions. The pre-seed financing will enable the AI startup to continue its growth strategy.
Vanagon Ventures is a Climate DeepTech venture capital fund founded in 2022 and based in Munich. Vanagon invests in outstanding founders who want to radically transform Europe’s largest economic sectors. The fund was founded by Axel Roitzsch (serial entrepreneur), Sandro Stark (former Microsoft strategist) and Susanne Fromm (formerly of Allianz Digital & Roland Berger). As experienced early-stage investors, they focus on deep-tech start-ups in the categories of nature, finance and industry that not only have high return potential but also a positive impact on the environment and society.
Vanagon Ventures was advised by Counsel Andrea Schlote (Corporate, Munich).
