Search
Contact
07.12.2016 | Press releases

KPMG Law advises Silexica

KPMG Law advises Silexica on US flip and Series A financing round

 

KPMG Rechtsanwaltsgesellschaft mbH (KPMG Law) advised Cologne-based startup Silexica on its expansion into the US and the subsequent Series A financing round. The company was able to raise a total of USD 8 million from several investors, which will be used for further technological development and international growth.

Silexica GmbH was founded in 2014 as a spin-off of RWTH Aachen University and has grown rapidly since then. The company specializes in the production of tools with which software for multicore processors can be programmed more efficiently (multicore software design automation). After a seed financing round with Seed Fonds Aachen and DSA Invest, the venture arm of tech company DSA, went
the next step to the USA. To facilitate the participation of U.S. investors, Silexica, advised by KPMG Law, initially conducted a U.S. flip in which the shareholders merged Silexica GmbH into the newly formed Silexica, Inc. brought in.

In the following Series A financing round, Silexica received fresh investments from Merus Capital, Paua Ventures as well as from the previous investors Seed Fonds Aachen and DSA Invest. Merus Capital, a leading Silicon Valley venture fund, prevailed among the numerous interested parties. As part of this financing round, the company also previously received financing from Silexica, Inc. assumed silent participations and loans were converted into equity.

Various structural, tax and legal issues had to be clarified throughout the transaction, which KPMG Law and KPMG AG Wirtschaftsprüfungsgesellschaft were able to advise on from a single source. The money raised will be used for technology development and international growth. In addition to the office in Cologne, Silexica has a branch office in Silicon Valley as well as in Yokohama, Japan. An office is to be opened in China in 2017.

Consultant Silexica

KPMG Law (Cologne): Dr. Philipp Wüllrich (Lead; Venture Capital/Corporate Law), Dr. Volker Balda (Frankfurt), Associate: Frederike Klein (M&A/Corporate Law)

Explore #more

25.04.2025 | KPMG Law Insights

Coalition agreement: The plans for supply chain law, EUDR and GTC law

In the coalition agreement, the CDU/CSU and SPD agreed: “We will also abolish the National Supply Chain Due Diligence Act (LkSG).” At first glance,…

17.04.2025 | KPMG Law Insights

What the coalition agreement means for the financial sector

The coalition agreement between the CDU/CSU and SPD also has an impact on the financial sector. Here is an overview. Increasing the energy supply The…

17.04.2025 | KPMG Law Insights

AWG amendment provides for tougher penalties for sanction violations

Due to the ongoing Russian war of aggression against Ukraine, the EU wants to make it easier to prosecute violations of EU sanctions. The corresponding…

16.04.2025 | KPMG Law Insights

What the new digitization plans in the coalition agreement mean

The coalition agreement shows how the future government wants to shape Germany’s digital future. What do the plans mean for companies in concrete terms? Here…

14.04.2025 | KPMG Law Insights

How the new coalition wants to accelerate investment in infrastructure

The coalition agreement between the CDU/CSU and SPD marks a fundamental new beginning in German infrastructure policy. In view of a considerable investment backlog, the…

14.04.2025 | KPMG Law Insights

Coalition agreement 2025 and NKWS: Booster for environmental and planning law?

In the current coalition agreement, environmental and planning law is mentioned at various points throughout the coalition agreement, highlighting its great importance. However, the…

11.04.2025 | KPMG Law Insights

What’s next for foreign trade? The plans in the 2025 coalition agreement

Foreign trade and foreign trade have become particularly explosive in view of the new US tariffs. The CDU/CSU and SPD have agreed on the following…

11.04.2025 | KPMG Law Insights

Coalition agreement 2025: What the plans mean for the economy

The CDU/CSU and SPD have agreed on a coalition agreement. The central theme is the renewal of the promise of the social market economy. The…

10.04.2025 | KPMG Law Insights

Coalition agreement 2025: Housing construction on the move

In the coalition agreement, the CDU/CSU and SPD have agreed comprehensive reform plans in the area of housing construction. The aim is to speed…

10.04.2025 | KPMG Law Insights

Energy in the 2025 coalition agreement: what the future government is planning

In the coalition agreement, the CDU/CSU and SPD commit to the German and European climate targets and Germany’s climate neutrality by 2045. To this…

Contact

Claudia Endter

Marketing Manager

Heidestraße 58
10557 Berlin

Tel.: +49 30 2068 1271
cendter@kpmg.com

© 2024 KPMG Law Rechtsanwaltsgesellschaft mbH, associated with KPMG AG Wirtschaftsprüfungsgesellschaft, a public limited company under German law and a member of the global KPMG organisation of independent member firms affiliated with KPMG International Limited, a Private English Company Limited by Guarantee. All rights reserved. For more details on the structure of KPMG’s global organisation, please visit https://home.kpmg/governance.

 KPMG International does not provide services to clients. No member firm is authorised to bind or contract KPMG International or any other member firm to any third party, just as KPMG International is not authorised to bind or contract any other member firm.

Scroll