Taylor Wessing Advised Andreessen Horowitz and Index Ventures on US$41 Million Seed Financing of Mirelo AI
Taylor Wessing Advised Andreessen Horowitz and Index Ventures on US$41 Million Seed Financing of Mirelo AI
Taylor Wessing has advised Andreessen Horowitz (a16z) and Index Ventures which co-led the US$41 million seed financing round of AI start-up Mirelo AI GmbH.
Mirelo develops AI-powered solutions for the automatic generation of sound and audio for videos. The company addresses a key challenge in the field of AI-generated videos: whilst the visual quality of AI-generated content continues to improve, appropriate audio accompaniment is often lacking. Mirelo closes this gap with a state of the art foundation model focused on the sound layer of video.
The financing round is one of the largest seed investments in the German AI sector to date.
The Taylor Wessing team led by Berlin-based Corporate Technology Partner and VC growth expert Dr Norman Röchert (Partner), Dr Armin Bartsch (Salary Partner), Dr Anna Hankings-Evans (Senior Associate), Jasmin Bechtold (Associate), Felix Paul (Professional Support Lawyer) – all Corporate/M&A, Venture Capital, Berlin; Dr Gregor Schmid (Partner), Caroline Bunz (Associate) – both IP/IT/Data Protection, Berlin; Nico Jänicke (Partner), Kübra Inan (Associate) – both Employment, Berlin; Arno Maria Götting (Salary Partner), Mitko Vasilev (Associate) – both Commercial, Frankfurt; Dr Michael Brüggemann (Partner), Tim Hendricks (Associate), Malke Kristina Zimmermann (Associate) – all Regulatory, Düsseldorf.
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