International legal practice Osborne Clarke has advised Redalpine on a EUR 6 million financing round in lengoo.
Lengoo was founded in Karlsruhe in 2014 by Philipp Koch-Büttner, Christopher Kränzler and Alexander Gigga. Now based in Berlin, Germany, the tech company develops highly specialized machine translation systems for enterprise customers that can produce customer-specific specialist translations in over 400 language combinations. Lengoo already has numerous customers throughout Europe, including Sixt, Sunrise Communications, HelloFresh and WWF. In 2018 lengoo was awarded the Deloitte Fast 50 Award as one of the fastest growing companies. In addition to main investor Redalpine, existing investors Creathor Ventures and Piton Capital as well as Angel investors were also involved in the investment.
Redalpine is a European seed and early stage VC investor. It focuses on disruptive and highly scalable business models. Besides financial support, Redalpine provides its companies with know-how and a contact network. Current investments also include N26, Taxfix and Zenjob.