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Working with start-ups and investors requires a broad set of legal skills and experience. At Schoenherr our lawyers cover the full range of commercial legal services and are well-equipped and trained to handle all aspects that become relevant during the lifecycle of a start-up.
We regularly advise investors and founders in Austria and CEE in various start-up-related matters, such as
our team
A team of highly experienced lawyers advises start-ups and investors in all legal matters.
Austria: Schoenherr advises proptech scale-up GROPYUS on major Austrian scale-up financing round
26 April 2024
D.Hofmarcher T.Kulnigg N.Kerschbaumer D.Tyrybon C.Pretscher P.Podsiedlik D.Rutecka P.Baran
to the point: technology & digitalisation l April 2024
Welcome to the April edition of Schoenherr's to the point: technology & digitalisation newsletter!
Serbia: Schoenherr advises Fifth Quarter Ventures on strategic investment in Cosmic
Moravčević Vojnović and partners in cooperation with Schoenherr advised Fifth Quarter Ventures, an early-stage venture capital fund, on its recent investment in Cosmic. This innovative start-up is at the forefront of developing a revolutionary platform for self-powered homes, aiming to redefine the construction of carbon-neutral, healthy and efficient homes in a fast and cost-effective manner.
The VCC: a new company form launched in Bulgaria
The eagerly awaited Variable Capital Company (VCC) was introduced on 1 August 2023 with amendments to the Bulgarian Commercial Act. It blends the limited liability company (LLC) and joint stock company (JSC), and somewhat resembles the UK's open-ended investment company (OEIC). Like the OEIC, the VCC can issue shares at any time and its capital may vary. But as it is not a regulated investment fund, the VCC is not regulated or supervised by the financial supervision authorities.
This primer offers a general overview of (i) financing tools of start-ups, (ii) the structuring of corporate governance within a start-up, (iii) the structure of a typical venture capital transaction, (iv) employee participation programs and vesting terms as well as (v) start-up exits and provides answers to the key legal issues arising within the life cycle of a start-up for the following jurisdictions: Austria, Bulgaria, Croatia, Czech Republic, Poland, Romania and Slovenia.