International law firm Reed Smith has advised tado° GmbH on a € 20 million venture capital financing round (Series E). Munich-based start-up tado° is the European market leader in intelligent home climate control. The financing comes from Inven Capital, the venture capital arm of the ČEZ Group, a multinational energy conglomerate based in the Czech Republic.
The Reed Smith team was led by Munich corporate partner Dr Justus Binder (Private Equity/Venture Capital) and included partner Thomas Gierath (Tax) and associate Frank Mizera (Private Equity/Venture Capital).
About Reed Smith
Reed Smith is a global relationship law firm with more than 1,800 lawyers in 26 offices throughout the United States, Europe, Asia and the Middle East. Founded in 1877, the firm represents leading international businesses, from Fortune 100 corporations to mid-market and emerging enterprises. Its lawyers provide litigation and other dispute resolution services in multi-jurisdictional and other high-stakes matters; deliver regulatory counsel; and execute the full range of strategic domestic and cross-border transactions. Reed Smith is a preeminent advisor to industries including financial services, life sciences, health care, advertising, entertainment and media, shipping and transport, energy and natural resources, real estate, manufacturing and technology, and education. For more information, visit reedsmith.com.
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