LARK advises Hi inov on its investment in Xelera Technologies
The European B2B venture capital fund Hi inov has led a seed financing round of €1.5 million for the software company Xelera Technologies, alongside the European Innovation Council Fund (EIC Fund).
LARK provided comprehensive advice to Hi inov with Dr. Daniel Wied (PICTURED), Nicholas Schildhauer, and Nino Häberlein (all Corporate/Venture Capital). In the area of IP/IT, LARK was supported by Inga George from the law firm boesling IP.
Founded in Darmstadt in 2018, Xelera Technologies specializes in accelerating data-intensive applications in data centers, the cloud, and at the edge. The company plans to use the fresh capital to further develop its platform technologically.
Hi inov is a B2B venture capital fund with offices in Paris, Lyon, and Munich. With its investment in Xelera Technologies, Hi inov is underscoring its strategy of investing early in pioneering B2B technologies that strengthen Europe’s digital infrastructure.