D\u00fcssel\u00addorf \u2014 ARQIS advi\u00adsed SkyFive AG on its Series A finan\u00adcing round. This was led by Safran Corpo\u00adrate Ventures and STAR Capi\u00adtal, a Euro\u00adpean private equity fund mana\u00adger with exten\u00adsive expe\u00adri\u00adence in deve\u00adlo\u00adping emer\u00adging infra\u00adstruc\u00adture compa\u00adnies. This is the first invest\u00adment in Germany by Safran Corpo\u00adrate Ventures, the venture capi\u00adtal arm of Safran, one of the worl\u00add\u2019s largest suppli\u00aders of aircraft systems.<\/p>\n
SkyFive, based at the AIRBUS campus in Tauf\u00adkir\u00adchen near Munich, Germany, provi\u00addes broad\u00adband connec\u00adti\u00advity services and tech\u00adno\u00adlogy to airlines and other aircraft opera\u00adtors in key avia\u00adtion markets world\u00adwide, based on its paten\u00adted Air-To-Ground (A2G) solu\u00adtion that uses stan\u00addard cellu\u00adlar components.<\/p>\n
\u201cThis successful first close of our Series A funding round \u2014 at the height of the COVID pande\u00admic \u2014 is a strong vali\u00adda\u00adtion of SkyFi\u00adve\u2019s tech\u00adno\u00adlogy leader\u00adship and its signi\u00adfi\u00adcant oppor\u00adtu\u00adnity in the market. Toge\u00adther, we expect the digi\u00adtiza\u00adtion of avia\u00adtion to acce\u00adle\u00adrate post-pande\u00admic. In this context, in-flight broad\u00adband connec\u00adti\u00advity will become a stra\u00adte\u00adgic corner\u00adstone for the entire indus\u00adtry,\u201d says Thors\u00adten Robrecht, CEO of SkyFive.<\/p>\n
ARQIS advi\u00adsed SkyFive at the very begin\u00adning when the company acqui\u00adred the key assets of its Air-to-Ground (A2G) busi\u00adness from Nokia in an MBO in 2019. The Munich team led by Dr. Mauritz von Einem and Prof. Dr. Chris\u00adtoph von Einem subse\u00adquently advi\u00adsed on the follo\u00adwing two finan\u00adcing rounds and the conver\u00adsion of SkyFive into a stock corpo\u00adra\u00adtion in summer 2020. Prepa\u00adra\u00adti\u00adons are curr\u00adently under\u00adway for the 2nd closing of the Series A as well as the expan\u00adsion of SkyFi\u00adve\u2019s Chinese subsidiary.<\/p>\n
Advi\u00adsor SkyFive: ARQIS (Munich)<\/strong> About ARQIS D\u00fcssel\u00addorf \u2014 ARQIS advi\u00adsed SkyFive AG on its Series A finan\u00adcing round. This was led by Safran Corpo\u00adrate Ventures and STAR Capi\u00adtal, a Euro\u00adpean private equity fund mana\u00adger with exten\u00adsive expe\u00adri\u00adence in deve\u00adlo\u00adping emer\u00adging infra\u00adstruc\u00adture compa\u00adnies. This is the first invest\u00adment in Germany by Safran Corpo\u00adrate Ventures, the venture capi\u00adtal arm of Safran, one of [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":37416,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1368,1369,1372,1373],"tags":[],"class_list":["post-43463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors","category-consultant","category-venture-capital-en","news-category-venture-capital-news"],"yoast_head":"\n
\nDr. Mauritz von Einem<\/strong> (Lead; Venture Capital\/Taxes), Prof. Dr. Chris\u00adtoph von Einem (Venture Capi\u00adtal), Marcus Noth\u00adhel\u00adfer (IP\/Commercial), Dr. Andrea Panzer-Heemeier (Labor Law; D\u00fcssel\u00addorf); Coun\u00adsel: Tanja Kurt\u00adzer (Pensi\u00adons); Asso\u00adcia\u00adtes: Louisa Graf, Benja\u00admin Bandur, Anselm Graf (all Venture Capi\u00adtal), Rolf Tichy, Nora Meyer-Strat\u00admann (both IP\/Commercial)<\/p>\n
\nARQIS is an inde\u00adpen\u00addent busi\u00adness law firm opera\u00adting inter\u00adna\u00adtio\u00adnally. The firm was foun\u00added in 2006 in D\u00fcssel\u00addorf, Munich and Tokyo. Around 55 lawy\u00aders and legal specia\u00adlists advise dome\u00adstic and foreign compa\u00adnies at the highest level on German and Japa\u00adnese busi\u00adness law. With the focus groups Tran\u00adsac\u00adtions, HR.Law, Japan, Data.Law and Risk, the firm is geared towards provi\u00adding holi\u00adstic advice to its clients. For more infor\u00adma\u00adtion, visit www.arqis.com.<\/p>\n","protected":false},"excerpt":{"rendered":"