Siemens invests in Munich start-up Magazino
14 Jul 2015 | 01:25 pm |
International law firm Pinsent Masons advised the Munich start-up company Magazino in its future cooperation with Siemens as well as in Siemens' investment in Magazino by acquiring shares held by High-Tech-Gründerfonds and two other business angels.
Magazino was founded at TU Munich by Frederik Brantner, Lukas Zanger and Nikolas Engelhard. The three entrepreneurs will continue to hold 50.1% of the shares in Magazino and act as managing directors. Siemens acquired an interest of 49.9 %.
Magazino develops perceptual logistical systems, such as the mobile shelf robot "Toru". Toru sustainably will change picking in the e-commerce sector. It is a mobile robot which automatically drives to the shelf which stores the product and picks a single product from it. Apart from pharmacies, mail-order companies are part of Magazino's customer base.
Siemens Innovative Ventures identifies and finances young companies worldwide during their start-up phase and provides established companies with additional capital for their growth plans during the expansion phase. Through portfolio companies, Siemens Innovative Ventures offers new technological solutions and taps new markets. Siemens Innovative Ventures focuses on growth segments in the energy, industry, infrastructure and healthcare markets.
Latest press releases
Show me all press releasesPinsent Masons advises FTI Consulting on sale of CX Lavender key client business to Omnicom Oceania
Multinational law firm Pinsent Masons has advised FTI Consulting, in its capacity as administrators of the CX Lavender group, on the sale of the company's key client-related business and associated workforce to Omnicom Oceania via its subsidiary, Clemenger BBDO Pty Ltd. The transaction completed in Q2 2026.
Pinsent Masons advises University of Manchester on landmark student accommodation redevelopment
Multinational law firm Pinsent Masons has advised The University of Manchester on the largest student accommodation design, build, finance and operate (DBFO) project ever undertaken by a UK university.
Pinsent Masons advises EDF power solutions and ESB on strategic partnership with Sumitomo Corporation in Gwynt Glas Offshore Wind Farm
Multinational law firm Pinsent Masons has advised EDF power solutions and ESB on the sale of a one-third interest in the Gwynt Glas Offshore Wind Farm to Sumitomo Corporation, marking an important milestone in the development of one of the UK's most significant floating offshore wind projects.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises FTI Consulting on sale of CX Lavender key client business to Omnicom Oceania
Multinational law firm Pinsent Masons has advised FTI Consulting, in its capacity as administrators of the CX Lavender group, on the sale of the company's key client-related business and associated workforce to Omnicom Oceania via its subsidiary, Clemenger BBDO Pty Ltd. The transaction completed in Q2 2026.
Pinsent Masons advises University of Manchester on landmark student accommodation redevelopment
Multinational law firm Pinsent Masons has advised The University of Manchester on the largest student accommodation design, build, finance and operate (DBFO) project ever undertaken by a UK university.
Pinsent Masons advises EDF power solutions and ESB on strategic partnership with Sumitomo Corporation in Gwynt Glas Offshore Wind Farm
Multinational law firm Pinsent Masons has advised EDF power solutions and ESB on the sale of a one-third interest in the Gwynt Glas Offshore Wind Farm to Sumitomo Corporation, marking an important milestone in the development of one of the UK's most significant floating offshore wind projects.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]