LARK advises Hi inov in connection with Rencore’s Series A financing
Software company Rencore has expanded its Series A financing to a total of $15 million. The financing round was led by Hi inov, with continued participation from existing investors UVC Partners and Capnamic Ventures. The Business Law Powerhouse LARK provided advice to Hi inov with Dr. Daniel Wied (PICTURED) and Nicholas Schildhauer (both Corporate/Venture Capital). In the area of IP/IT, LARK was supported by Inga George from the law firm boesling IP.
Rencore is a Munich-based software company specializing in governance, security, and compliance solutions for Microsoft 365, the Power Platform, and enterprise AI. Rencore’s customers include corporations such as the Lufthansa Group and Siemens Healthineers.
Rencore plans to use the additional capital to accelerate the company’s international expansion in Europe and North America and strengthen its leading market position.
Hi inov is a B2B venture capital fund with offices in Paris, Lyon, and Munich. It invests in high-growth European companies, focusing on promoting change in the industrial and service sectors through innovative technological solutions.
