P+P advises Munich-based startup Keyou on first financing round
Keyou GmbH secures growth financing in a 7 digit amount from NAGEL Maschinen- und Werkzeugfabrik in Baden-Württemberg.
Keyou GmbH, founded at the end of 2015 by Tom Korn (CEO) and other engine developers, will convert to the most cutting-edge hydrogen technology with cost-efficient retrofitting kits and thereby provide for environmentally friendly mobility. Keyou has already submitted letters of intent to engine manufacturers and transportation companies.
The NAGEL Group is one of the leading specialists in the honing and superfinishing technology sector; the Group has approximately 1200 employees in seven locations worldwide. NAGEL has assumed the entire initial financing (series A) for the startup Keyou.
P+P Pöllath + Partners advised Keyou GmbH on all legal matters with respect to the financing round with the following Munich-based team:
- Tobias Jäger (counsel, M&A/private equity, venture capital)
- Sebastian Rosentritt (associate, M&A/private equity, venture capital).
Also involved: Heuking Kühn Lüer Wojtek (Rainer Herschlein) for the NAGEL Group.