Led by Munich counsel Thiemo Woertge, global law firm Hogan Lovells has advised the German start-up Xavveo on a seed financing round of around EUR 8 million. The round was led by Vsquared Ventures and Imec.xpand, two investment funds specialised in deep tech.
Founded in 2023, the Berlin start-up Xavveo,is developing a radar system that enables autonomous driving even in adverse weather conditions. It uses what is known as ‘monolithic silicon photonics technology’. This enables the integration of electronic and photonic components on a single silicon chip.
The new capital will be invested in the further development of the photonic radar system and the expansion of the team.
Hogan Lovells comprehensively advised Xavveo on all legal issues in relation to the financing.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
