Led by partner Dr Nikolas Zirngibl, global law firm Hogan Lovells has advised Armira Growth, part of Munich-based investment holding Armira, on a €25 million minority investment in ESG software pioneer osapiens.
This was the first financing round for the Mannheim-based software company. Armira Growth will enable osapiens to consistently continue its growth to date and turn the scale-up into a global tech champion. Founded in 2018, osapiens is considered a pioneer in the development of automated solutions to create transparency and sustainability in global supply chains. The focus and central growth driver is the cloud technology platform “osapiens HUB”, which helps companies create corporate sustainability and grow.
It covers various ESG aspects such as the German Supply Chain Act, the Corporate Sustainability Due Diligence Directive, the Whistleblower Protection Act, product traceability regulations (Track & Trace), maintenance management and many other cases.
Armira Growth invests in fast-growing companies in Europe that are driving technological change and challenging traditional value chains through innovative solutions. In doing so, Armira Growth accompanies leading technology companies through growth investments as a long-term and trusted partner.
Hogan Lovells advised Amira Growth on all legal aspects of this investment. Most recently, Hogan Lovells 2022 supported Armira Growth on an investment in call centre and customer service platform Yoummday.
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