Bird & Bird advises Rocketship.vc on its investment in German start-up Stocard

Bird & Bird advised California-based venture capital company Rocketship.vc on its investment in Stocard, a German start-up company based in Mannheim. The company offers a free app that bundles the functions of different customer cards and can be used both online and at the checkout. The investment amount remains undisclosed but according to the founders of Stocard it amounts to ‘several millions’.

Rocketship.vc is a venture capital fund from Palo Alto, California, specialising in early stage investments. Their particular focus is on companies in the data science sector.

Stocard GmbH is a start-up founded in 2011 by three students of the Mannheim University, Germany, and is now operating in nearly 40 countries. Their ‘Mobile-Wallet-App’ is used by around 10 million people worldwide.

The Bird & Bird team was led by partner Stefan Munch and associate Michael Gassner.

This transaction is another good example of Bird & Bird’s continuing support of innovation and strong presence in the venture capital market internationally, especially where data and technology play a key role.

News & Deals

More News & Deals

News

Bird & Bird strengthens London IP team with new brand management partner

Jan 13 2025

Read More

News

Bird & Bird and Keep the Archipelago Tidy Association launch pro bono partnership

Jan 13 2025

Read More

Deal

Bird & Bird advises DANX Carousel with its German market entry

Jan 13 2025

Read More

Deal

Bird & Bird advised Biomemory on its €17 million fundraising round

Dec 23 2024

Read More

Deal

Bird & Bird advised Bornholms Brand A.m.b.a. on its acquisition of Topdanmark A/S’s 27% ownership stake in Bornholms Brandforsikring A/S

Dec 19 2024

Read More

Deal

Bird & Bird advises Planet A Foods on $30 million financing round

Dec 18 2024

Read More

Related capabilities