BRANDL TALOS advises Telos Impact on EUR 12 million Series A Financing Round of Kern Tec

• Venture Capital & Start Ups from Roman Rericha, Stephan Strass, Adrian Zuschmann, Daniel Habich

BRANDL TALOS has advised Telos Impact as lead investor on the EUR 12 million Series A financing round of Kern Tec GmbH. The financing round was led by Telos Impact, a leading actor in impact investing, with participation from the PeakBridge Growth II Fund and the European Innovation Council (EIC) Fund.

Founded in 2019, food tech company Kern Tec has developed a process to extract oils and proteins from previously unused fruit seeds. Stone fruit kernels are used as the basis for plant-based milk, yogurt, ice cream and cheese. The products are offered in Rewe stores.

» We greatly appreciate Roman's and Stephan's hands-on support throughout this financing round. We are excited to be a part of the dynamic Austrian start-up ecosystem. «

Guillaume Boury from Telos Impact

The BRANDL TALOS-deal team was led by Roman Rericha and Stephan Strass and further consisted of Adrian Zuschmann, Elena Ciresa and Daniel Habich. EIC was advised by Schönherr (Thomas Kulnigg, Clemens Pretscher); Felix Kernbichler and Philipp Herold acted as counsel to Kern Tec.

The team

Roman Rericha

Array
(
    [0] => WP_Term Object
        (
            [term_id] => 5
            [name] => Attorney at Law
            [slug] => attorney-at-law
            [term_group] => 0
            [term_taxonomy_id] => 5
            [taxonomy] => category
            [description] => 
            [parent] => 0
            [count] => 16
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 4
            [name] => Partner
            [slug] => partner
            [term_group] => 0
            [term_taxonomy_id] => 4
            [taxonomy] => category
            [description] => Partner
            [parent] => 0
            [count] => 8
            [filter] => raw
        )

)

Partner / Fund Formation, Venture Capital & Start Ups, Corporate Law & Transactions

Roman represents clients in complex cross-border M&A and private equity transactions. Austrian and international venture capital funds regularly turn to him for assisting with investments in Austria. His expert advice also guides start-ups through large-scale financing rounds.

University of Vienna, Faculty of Law (Mag. iur. 2005),
Faculty of Business, Economics and Statistics, (Mag. rer.soc.oec. 2007)

Stephan Strass

Array
(
    [0] => WP_Term Object
        (
            [term_id] => 5
            [name] => Attorney at Law
            [slug] => attorney-at-law
            [term_group] => 0
            [term_taxonomy_id] => 5
            [taxonomy] => category
            [description] => 
            [parent] => 0
            [count] => 16
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 4
            [name] => Partner
            [slug] => partner
            [term_group] => 0
            [term_taxonomy_id] => 4
            [taxonomy] => category
            [description] => Partner
            [parent] => 0
            [count] => 8
            [filter] => raw
        )

)

Partner / Venture Capital & Start Ups, Corporate Law & Transactions, BioTech & Lifescience

Stephan advises innovative start-ups, institutional and strategic investors and other companies on acquisitions, financing rounds, joint ventures and exit transactions with a focus on highly regulated industries such as life sciences, biotech and leisure & entertainment. He further specializes in commercial transactions in the life science and biotech sector, including university spin-offs, strategic collaborations, patent and technology license agreements and IP purchase transactions.

He has co-authored commentaries on the EU Merger Act and the Investment Fund Act, and is the author of many academic publications.

University of Vienna, Faculty of Law (Mag. iur. 2015)
Harvard Law School, Master of Laws (LL.M. 2019)

Adrian Zuschmann

Array
(
    [0] => WP_Term Object
        (
            [term_id] => 5
            [name] => Attorney at Law
            [slug] => attorney-at-law
            [term_group] => 0
            [term_taxonomy_id] => 5
            [taxonomy] => category
            [description] => 
            [parent] => 0
            [count] => 16
            [filter] => raw
        )

)

Attorney at Law / Corporate Law & Transactions, Venture Capital & Start Ups, Fund Formation

Adrian advises and represents Austrian and international institutional and strategic investors, founders and (start-up) companies in the context of financing rounds, M&A, investments in portfolio companies and exit transactions.

A second focus is advising Austrian fund initiatives on the formation and structuring of funds as well as in connection with their ongoing operational matters.

Queen Mary University of London (MSc Law & Finance 2020)
University of Vienna, Faculty of Law (Magister iuris 2015)

Daniel Habich

Array
(
    [0] => WP_Term Object
        (
            [term_id] => 21
            [name] => Associate
            [slug] => associate
            [term_group] => 0
            [term_taxonomy_id] => 21
            [taxonomy] => category
            [description] => 
            [parent] => 0
            [count] => 12
            [filter] => raw
        )

)

Associate / Venture Capital & Start Ups, Corporate Law & Transactions

Daniel is part of our team since 2022, at that time as research assistant. Since 2023 he has started working for us as associate.

Wirtschaftsuniversität Wien, Business Law (Master of Laws 2022)
Wirtschaftsuniversität Wien, Business Law (Bachelor of Laws 2020)

Latest insights into
Venture Capital & Start Ups

BRANDL TALOS advises Pride Capital Partners on the acquisition of a minority stake in RUBICON alongside RSM Ebner Stolz

Press release • Venture Capital & Start Ups from Roman Rericha, Stephan Strass, Adrian Zuschmann, Julia Strimitzer

Pride Capital Partners, with offices in Amsterdam, Cologne, and Copenhagen, is a hybrid private equity & debt investor focusing on the software and IT industry. With the acquisition of a minority stake in Vienna-based RUBICON Group, Pride completes its first Austrian investment.

BRANDL TALOS advises on sale of ready2order to Zucchetti Group

Press release • Venture Capital & Start Ups from Roman Rericha, Markus Arzt

BRANDL TALOS advised as sell-side lead counsel on the sale of ready2order GmbH, the Austrian market leader in cloud-based point-of-sale systems, to the Italian IT market leader Zucchetti.

BRANDL TALOS advised KOMPAS on its Series A investment in prewave

Press release • Venture Capital & Start Ups from Adrian Zuschmann, Roman Rericha, Raphael Toman

Prewave just announced its 11m Series A funding round. It was co-led by KOMPAS, a Danish based venture capital firm focusing on businesses that accelerate the digital transformation and industrial automation across the built environment, and Ventech.