Brandl Talos has advised Kompas and Herbst Kinsky has advised Ventech on co-leading the USD 11 million Series A investment round into Prewave. Act Legal WMWP reportedly advised Prewave on the round.
Prewave’s early-stage investors AWS Gruenderfonds, IST cube, Seed + Speed, Segnalita, Speedinvest, and the Working Capital Fund also participated in the Series A.
According to Brandl Talos, "Prewave is a spin-off from the Vienna University of Technology and was founded in 2017 by Lisa Smith and Harald Nitschinger. The company uses an AI-powered platform to analyze millions of online sources in more than fifty languages to find, categorize, and directly address the risks that might impact supply chains."
Kompas is a Danish venture capital firm focusing on businesses that partake in digital transformation and industrial automation.
Ventech is a Paris-based European & Chinese early-stage investment fund that invests in the digital economy.
The Brandl Talos team included Partners Roman Rericha, Associate Partner Raphael Toman, Attorney at Law Adrian Zuschmann, and Associate Elena Ciresa.
Herbst Kinsky's team included Partner Philipp Kinsky and Associates Angelika Kurz and Carmen Walser.