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Eversheds Sutherland advised Oviva AG on its USD 80m Series C equity financing round
- Switzerland
06-09-2021
Oviva – the digital health scaleup which provides diet and lifestyle coaching to people who deal with diet-related health challenges – announced that it has raised $80m in Series C funding to reach millions of people across Europe. The round was co-led by Sofina and Temasek, alongside existing investors AlbionVC, Earlybird, Eight Roads Ventures, F-Prime Capital, MTIP, and several angel investors.
“Our focus in the next months will be the increase of staff on all levels”, states Dr. Kai Eberhard, co-founder & CEO of Oviva AG – “and we are excited to take this step together with our existing and new investors and in particular our fantastic team.” He further adds, “Eversheds Sutherland as our trusted legal advisors supported Oviva throughout the negotiations and the closing of the financing round. We have relied on the support of Michael Mosimann since before our Series-A financing round and have built a great and trustful relationship.”
The Eversheds Sutherland core team consisted of Michael Mosimann (Lead) and Natalie Schwager (Corporate/M&A).
This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.
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