Munich — International law firm Bird & Bird has advised Eco-FinTech company “The Landbanking Group” on an US$11 million seed financing round with an international group of investors.
The Landbanking Group supports with the financing the launch of its natural capital platform Landler.io, the first integrated management and investment platform for natural capital (biodiversity, soil, water, carbon). This allows farmers and landowners to become providers of natural capital, and companies in the food industry, for example, to become natural capital investors. The financing will enable the company to expand its customer base in the agricultural and food sectors and enter new markets in infrastructure, energy and financial services. It also allows for the development of monitoring models for additional biomes and ecoregions, as well as further expansion of usable land (agriculture and urban land) into conservation.
The seed round was led by high impact fund BonVenture together with natural capital pioneer André Hoffmann. Venture capital funds such as 4P Capital, Vanagon and Planet A will contribute their expertise in marketing, refinancing and impact measurement. In addition, the SUN Institute of the Deutsche Post Foundation and ten families and private investors, including Prince Maximilian von und zu Liechtenstein, Alexa Firmenich, Jan-Hendrik Goldbeck and Fabian Strüngmann, are supporting the company’s development.
Advisor to The Landbanking Group: Bird & Bird
Counsel Andrea Schlote (Lead, photo © Bird&Bird), Partner Stefan Münch, Counsel Dr. Christina Lorenz, Associate Louisa Graf (all Corporate/M&A, Munich) and Associate Kilian Hummel (Corporate/M&A, Frankfurt), Partner Dr. Markus Körner and Associate Yvonne Schaafs (both IP, Munich), Partner Dr. Rolf Schmich, Counsel Michael Brüggemann and Associate Luca Eckrich (all Tax, Frankfurt).
Already in 2022, the team around Andrea Schlote and Stefan Münch supported The Landbanking Group in the pre-seed financing round. Bird & Bird also works with The Landbanking Group beyond that, advising them on banking regulatory and IP matters, among other things.
The Landler.io platform combines cutting-edge technologies — earth observation, digital in-situ data, machine learning and decentralized ledgers. It can thus assign a “parametric” natural capital account to each hectare of the planet. Thus, land cooperatives, managers, or owners become providers of ecosystem services measured in nature, and corporations or investors become investors in “nature equity” contracts. These contracts are a new balance sheet-quality asset class and are attractive to food, agriculture, energy, resource and infrastructure companies, but also increasingly to insurance companies and financial institutions.
Bird & Bird is an international law firm with more than 1,400 lawyers in 32 offices in 22 countries in Europe, North America, the Middle East, Asia Pacific and Africa, and maintains close relationships with law firms in other parts of the world. In Germany, we are represented by more than 250 lawyers in Düsseldorf, Frankfurt, Hamburg and Munich. We focus our consulting in particular on industrial sectors that are developing new technologies and helping to shape digitalization. Our attorneys:in cover the full range of business and corporate law, particularly in areas where technology, data, regulation and intellectual property play a special role. www.twobirds.com.