3TS Capital Partners leads the € 11 million round for Patronus
Stuttgart — Investor 3TS Capital Partners has invested in the Berlin-based start-up RR Technologies GmbH (Patronus). The financing round led by 3TS Capital comprises 11 million euros. HEUKING’s advisory services included legal due diligence and the negotiation of all contracts, in particular the investment and shareholder agreement.
3TS Capital Partners is a specialist technology growth finance firm investing across Europe in sectors such as technology, media and technology-enabled services. With over €450 million raised from investors such as EIF, Tesi, Cisco, EBRD and Erste, 3TS combines a strong financial base, strategic support and extensive networks in Europe and the US. The investment in Patronus is made through TCEE Fund IV — www.3tscapital.com
Patronus was founded in Berlin in 2020. The company offers a safety and assistance solution for senior citizens, consisting of a mobile emergency call smartwatch and a family app. With 25,000 active customers and over half a million emergency calls answered, Patronus is now the digital market leader in the mobile emergency call segment in Germany.
Advisors to 3TS Capital: HEUKING
Benedikt Raisch, Dr. Alexander Schott, both lead, Dr. Emanuel Teichmann (all Corporate/M&A), all Stuttgart; Shimon Merkel, LL.M. (Tel Aviv University), (Corporate/M&A), Berlin, Dr. Stefanie Greifeneder, Sarah Aschenbrenner, Miriam Steinhart, LL.M. (The University of Edinburgh), (all Health Care & Life Sciences), all Munich; Antje Münch, LL.M. (IP), Stuttgart, Dr. Philip Kempermann, LL.M., Georg Thomas, LL.M. (University of Glasgow), Julian Rosenfeld (all IT/Data Protection), all Düsseldorf; Dr. Sascha Schewiola, Laura Soltysiak (both Employment Law), both Cologne
www.heuking.de