GÖRG advises GET Fund on Series A financing of startup Circunomics

Munich, 22.01.2025

GÖRG has advised the Munich-based venture capital investor GET Fund on its investment in the Mainz startup Circunomics GmbH. As part of the Series A financing round, successfully completed in December 2024, the company secured a total of over €8 million from investors.

Alongside GET Fund, the financing round was led by Schaeffler Invest GmbH, a subsidiary of Schaeffler AG. Other investors include existing backers such as the Polish oil and energy group Orlen and Düsseldorf-based investor GG Rise.

Founded in 2019, Circunomics operates a digital marketplace for B2B trading of used and surplus batteries, modules, and cells. The company's goal is to repurpose energy storage systems for environmentally friendly second-life applications, thereby contributing to the circular economy of lithium-ion batteries. With the support of the Series A funding, Circunomics plans to drive international expansion and develop new digital services.

GET Fund, a venture capital investor operating across Europe, focuses on startups in green technologies within the energy, mobility, and industrial sectors.

GÖRG provided GET Fund with comprehensive legal support for the financing, with a team led by partner Dr Bernt Paudtke. This transaction highlights GÖRG’s expertise in venture capital and its ability to support innovative clients in pioneering and sustainable projects.

Advisors GET Fund

GÖRG Partnerschaft von Rechtsanwälten mbB
Dr Bernt Paudtke (Lead, Partner, Corporate/M&A, Munich)
Dr Christian Bürger (Partner, Competition, Cologne)
Dr Katharina Landes (Partner, IP, Cologne)
Tobias Reichenberger (Associated Partner, Corporate/M&A, Munich)
Dr Julian Stassek (Associated Partner, Employment, Munich)
Moritz von Limburg, LL.B, LL.M. (UCT) (Senior Associate, Corporate/M&A, Munich)

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