Xund Secures EUR 6 Million in Pre-Series A Funding
Deal News | Mar 20, 2025 | CEE Legal Matters
Xund, an Austrian healthtech start-up focused on AI-powered medical software to enhance the digital patient journey, has successfully secured EUR 6 million in a pre-Series A funding round. The round was led by Lead Ventures, with additional participation from J&T Ventures and existing investors MassMutual Ventures, TBA network, and Lana Ventures. Brandl Talos provided legal advice to Xund, with a team including Partner Adrian Zuschmann and Senior Associate Elena Ciresa. Meanwhile, Herbst Kinsky, along with Erdos Partners, advised Lead Ventures. The Herbst Kinsky team comprised Partners Sonja Hebenstreit and Wolfgang Schwackhoefer, and Attorney at Law Alexander Lotz.
Sectors
- HealthTech
- Venture Capital
- Legal Services
Geography
- Austria – Xund, the main company discussed, is an Austrian start-up, establishing Austria as a geographical focus.
Industry
- HealthTech – The article discusses Xund, a company that operates in the HealthTech sector by developing AI-powered medical software.
- Venture Capital – The article involves a financing round led by venture capital firms such as Lead Ventures, highlighting the participation of the VC industry.
- Legal Services – Legal firms Brandl Talos and Herbst Kinsky provided advisory services in the financing transaction, relevant to the legal services industry.
Financials
- EUR 6 Million – The amount raised by Xund in the pre-Series A financing round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Xund | Target Company | Company | An Austrian healthtech start-up specializing in AI-powered medical software. |
| Lead Ventures | Lead Investor | Company | A venture capital firm that led the EUR 6 million pre-Series A financing round. |
| J&T Ventures | Investor | Company | A venture capital firm participating in Xund's financing round. |
| MassMutual Ventures | Investor | Company | An existing investor participating in the financing round of Xund. |
| TBA network | Investor | Company | An existing investor in Xund. |
| Lana Ventures | Investor | Company | An existing investor in Xund. |
| Brandl Talos | Legal Advisor to Xund | Company | A law firm advising Xund on the financing round. |
| Herbst Kinsky | Legal Advisor to Lead Ventures | Company | A law firm advising Lead Ventures during the financing round. |
| Adrian Zuschmann | Partner | Person | Partner at Brandl Talos, advising Xund. |
| Elena Ciresa | Senior Associate | Person | Senior Associate at Brandl Talos involved in advising Xund. |
| Sonja Hebenstreit | Partner | Person | Partner at Herbst Kinsky advising Lead Ventures. |
| Wolfgang Schwackhoefer | Partner | Person | Partner at Herbst Kinsky involved in advising Lead Ventures. |
| Alexander Lotz | Attorney at Law | Person | Attorney at Law at Herbst Kinsky advising on the transaction. |
| Erdos Partners | Legal Advisor to Lead Ventures | Company | Reportedly also advising Lead Ventures. |