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Deal Date: 21-04-2017 Practice Area: Corporate and M&A
Deal Title: Deutsche Bahn Digital Ventures Investment in what3words Industry: Software & Computer Services
Description:
Osborne Clarke advised the Deutsche Bahn Digital Ventures GmbH on its investment in London-based start-up what3words. Deutsche Bahn Digital Ventures GmbH planned to use the what3words tracking system to increase the quality and efficiency of their worldwide trade in goods. A location based solution that specialised in tracking systems, what3words developed a process to localize people and or objects with a surface accuracy of 3 by 3 metres.
Financial Center: Frankfurt Value: 0.00-100.00
Advised Party: Venture/Growth Investor Law Firm
Investee 1 Jurisdiction United Kingdom Investee 2 Jurisdiction Germany
Classification: Venture and Growth Capital Software
Lawyer Nicolas Gabrysch