STUDIO LEGAL advises Volytica Diagnostics GmbH on its financing round of approximately EUR 5.5 million

STUDIO LEGAL has advised Volytica Diagnostics GmbH on its financing round of approximately EUR 5.5 million.

Volytica enables the sustainable and economical use of batteries through its battery analytics. By assessing battery health, millions of tons of lithium-ion batteries can be spared from premature scrapping. Volytica's superior data analysis capability and highly efficient algorithms eliminate the need for physical lab testing.

The funding round was led by SHIFT Invest and EnBW New Ventures. Volytica plans to use the new capital to further develop its battery analytics, expand its business operations, and expand into global markets.

Volytica was advised by André Eggert, Moritz Vierneisel and Anna Madsen (all venture capital).

André Eggert

André Eggert

Partner

Moritz Vierneisel

Moritz Vierneisel

Senior Associate

Anna Madsen

Anna Madsen

Associate

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