20.03.2024 / Deals & Cases

Deal: Wenger Vieli Advised Project A Ventures on the Seed Financing Round of Mindfuel

Wenger Vieli advised the lead investor Project A Ventures on the seed financing round of Mindfuel, a leading company in the field of data product management. This investment underscores the growing importance of AI in data product management and supports Mindfuel's expansion in Europe and the USA, as well as the development of its innovative software 'Delight'.

Project A is one of the leading early-stage tech investors in Europe with offices in Berlin and London. In addition to managing assets of $1 billion, Project A supports its portfolio companies with a platform team of over 140 experts in key areas such as software and product development, business intelligence, branding, design, marketing, sales, and recruiting. Founded in 2012, the venture capital firm has supported over 100 startups to date.

Founded in 2019, Mindfuel has developed 'Delight', an all-in-one software that enables companies across various industries, including insurance, telecommunications, and consumer goods, to fully leverage the value of their data and AI initiatives. By integrating product management with data and AI, Mindfuel enables financially impactful management of data initiatives and promotes synergy between data analytics and business operations.

The team was led by Beat Speck (Partner, Corporate/M&A) and included amongst others Barbara Brauchli Rohrer (Partner, Tax), Joël Doswald (Senior Associate, Tax), David Brusa (Senior Associate, Tax), Kianoush Sadeghi (Associate, Corporate/VC), Fabienne Nufer (Associate, Corporate/VC), Dominik Rietiker (Associate, Corporate/VC) as well as Josephine Heinzelmann (Junior Lawyer, Corporate/VC).