POELLATH advises Matterwave on formation and closing of Matterwave Industrial Technologies II

Matterwave Ventures (“Matterwave”), one of the leading European VC investors in industrial deep tech, launches the new fund “Matterwave Industrial Technologies II” with a successful first closing. The fund is targeting a total fund size of EUR 130 million. With this second-generation fund, the Matterwave team invests in early-stage companies across Europe with strong innovations and applications in all industrial sectors.

The fund’s investor base includes major institutional investors such as the European Investment Fund (from the ERP-EIF Facility), LfA Förderbank Bayern and NRW.Bank, as well as industrial companies, foundations and family offices and well-known technology-oriented partners from the industry such as ZF Ventures, ZEISS Ventures and the Montan-Stiftung-Saar foundation. A large part of the capital commitments of more than EUR 75 million came from existing investors.

The Munich-based Matterwave team has been an established financing partner for European industrial deep tech startups for many years. The focus is on automation, digitization and resource efficiency improvements of the entire industrial value chain: from the automation of research, development and design to logistics chain transparency to the production optimization and after-sales support of products in use by customers.

POELLATH advised Matterwave on all contractual, regulatory and tax aspects of fund structuring and marketing, as well as on investor negotiations regarding the launch of the fund with the following Berlin-based team:

• Dr. Philip Schwarz van Berk (partner, lead, private funds)
• Nele Frie (associate, private funds)
• Dennis Fordan (associate, private funds)