"Hi inov Leads €1.5 Million Seed Investment in Xelera Technologies with Support from LARK"

"Hi inov, a European B2B venture capital fund, has led a €1.5 million seed financing round for Xelera Technologies, a software company focused on accelerating data-intensive applications. Founded in 2018 in Darmstadt, Xelera plans to use the funds to enhance its platform. LARK provided legal advice to Hi inov during this investment, highlighting the fund's strategy to support innovative B2B technologies in Europe."

**Law Firms Involved in the Transaction:** The law firm LARK provided comprehensive legal advice to Hi inov, while the law firm boesling IP supported LARK in the area of IP/IT. **Transaction Overview:** Hi inov, a European B2B venture capital fund, has led a seed financing round of €1.5 million for Xelera Technologies, a software company based in Darmstadt that specializes in accelerating data-intensive applications. The investment, which also includes participation from the European Innovation Council Fund (EIC Fund), will be used by Xelera Technologies to further develop its technological platform. **Legal Team:** The legal team from LARK included Dr. Daniel Wied, Nicholas Schildhauer, and Nino Häberlein, all of whom specialize in Corporate/Venture Capital. In the area of IP/IT, Inga George from the law firm boesling IP provided support.

"Hi inov Leads €1.5 Million Seed Investment in Xelera Technologies with Support from LARK"

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