PRESS RELEASE

Munich, 13 October 2021

A team from honert led by Sven Fritsche (partner) and Dr. Kai-Klemens Wehlage (senior associate) has provided comprehensive legal advice to Salvia GmbH as lead investor in a series B financing of ONE LOGIC in the double-digit million range. With the new capital, ONE LOGIC intends to expand its platform with additional data products and strengthen its market position as one of the leading international providers of AI-based data products.

Dr. Andreas Böhm, founder and CEO, states: “We have developed a technological platform that allows organizations to monetize their data quickly and sustainably and digitalize their business models. Our AI-assisted data products enable us to predict, with a very high degree of accuracy, the decisions a company should take in order to improve its results – whether in terms of processes, operations or business. We intend to use this fresh influx of capital to develop more solutions on the platform and scale our business with the aim of making inroads internationally. We are delighted to be able to count on Helmut Jeggle and Salvia, a partner with a long-term focus and a track record as a successful business developer, in this journey. With their support, we are now working to become one of the market leaders in Europe for AI-based data products.”

Helmut Jeggle, managing partner of Salvia, also emphasizes: “Right now, virtually all companies are looking at how they can take the huge volumes of data they have generated and pair it with artificial intelligence in order to make the right decisions for their business automatically – and deliver genuine added value. The fact is that few of these AI-based initiatives are ultimately productive, and only a fraction of those are able to deliver results at the speed of ONE LOGIC. Thanks to its platform, ONE LOGIC is able to achieve results that go far beyond the aggregation and analysis of data, making it one of the leading AI software providers in Germany today. I am pleased to be able to work closely with the company and provide support as an investor as it scales its operations and expands on the international stage.”

Consultants Salvia GmbH:

honert (Munich): Sven Fritsche (M&A and taxes), and Dr. Kai-Klemens Wehlage (M&A and corporate law)

Consultants One Logic GmbH

Lutz│Abel: A team led by Björn Weidehaas