VOY Advises traide on New Financing Round
VOY lawyer Clemens Koós supported traide on latest funding round.
The Berlin-based AI startup has secured a seven-figure investment from High-Tech Gründerfonds (HTGF) as well as Smart Infrastructure Ventures, Prequel Ventures, and renowned angel investors, including the founders of Taxdoo and Byrd.
The capital will be used to develop further and scale the AI-based SaaS solution that enables companies of all sizes and industries to automate their customs processes.
About traide AI
traide was founded in 2021 by Leonie Althaus, Philipp Friebertshäuser and Hendrik Niemann. The team leverages the latest cloud and AI technologies to help companies meet their customs obligations and automate their customs processes. The company’s SaaS solution handles product master data as well as purchasing and ordering processes and is suitable for companies of all sizes and industries. For more information about Traide, please visit: www.traide.ai
The seed investor High-Tech Gründerfonds (HTGF) finances tech start-ups with growth potential and has supported more than 700 start-ups since 2005. With the launch of its fourth fund, HTGF now has about 1.4 billion euros under management. Its team of experienced investment managers and start-up experts support young companies with expertise, entrepreneurial spirit and passion. HTGF’s focus is on high-tech start-ups in the fields of digital tech, industrial tech, life sciences, chemistry and related business areas. To date, external investors have injected about 5 billion euros of capital into the HTGF portfolio via more than 2,000 follow-on financing rounds. In addition, HTGF has already successfully sold shares in more than 170 companies.
VOY is a law firm and tax consultancy for founders and investors, creating a digital client experience that focuses on additional value with direct and uncomplicated legal advice of the highest quality.