December.16.2020
We advised Coatue Management on its investment in the $44 million Series A financing of Gorillas Technologies GmbH, a Berlin-based company that developed a platform intended to bring everything from groceries to home care to the customer's doorstep in ten minutes.
New York-headquartered Coatue Management is one of the largest dedicated technology funds in the world and currently manages approximately $17 billion in assets on behalf of individuals, endowments, foundations, and other institutional investors.
Coatue Management was advised by a cross-border Orrick team led by partners Sven Greulich (Düsseldorf), John Bautista (Silicon Valley) and Josh Pollick (Santa Monica), who previously advised Coatue Management on its investment in Berlin-based Choco Communications GmbH earlier this year.
The Orrick team also included partners André Zimmermann (employment, Düsseldorf), Christian Schröder (data privacy IT/IP, Düsseldorf) and Peter Connors (tax, New York); counsel Carsten Bernauer M&A and private equity, Düsseldorf); senior associate Johannes Josef Rüberg (M&A and private equity, Düsseldorf); and associates Lars Garling (M&A and private equity, Düsseldorf), Onur Ötztürk (M&A and private equity, Düsseldorf), Robert Weinhold (data privacy IT/IP, Düsseldorf) and Hendrik Völkerding (employment, Düsseldorf).