GRUENDELPARTNER advises TGFS on investment in sciendis

Technologiegründerfonds Sachsen (TGFS) is investing a seven-figure sum in Leipzig-based sciendis GmbH together with adesso ventures.

With WUNDERA®, the healthcare start-up offers a mobile application that enables easy-to-use management with AI-based documentation of chronic wounds in the care sector.

GRUENDELPARTNER provided legal advice to TGFS as part of this financing round. TGFS is one of the most active VC funds in Germany. Since its foundation in 2008, it has supported over 80 start-ups.

GRUENDELPARTNER's M&A, Venture Capital, Private Equity practice group is one of the most experienced and best-staffed advisory units in Central Germany and supports investors and entrepreneurs in all development phases, in particular in company formation, company development, corporate financing and all exit processes.