Brandl Talos has advised Telos Impact on leading the EUR 12 million series A financing round of Kern Tec. Schoenherr advised EIC.
The round also saw the participation of PeakBridge Growth II Fund and the European Innovation Council Fund.
Telos Impact is an impact investing company.
According to Brandl Talos, founded in 2019, food tech company Kern Tec has developed a process to extract oils and proteins from previously unused fruit seeds. Stone fruit kernels are used as the basis for plant-based milk, yogurt, ice cream, and cheese.
The Brandl Talos team included Partners Roman Rericha and Stephan Strass, Attorney at Law Adrian Zuschmann, and Associates Elena Ciresa and Daniel Habich.
The Schoenherr team included Partner Thomas Kulnigg, Attorney at Law Clemens Pretscher, and Associate Maximilian Czernin.