Capnamic Ventures sells shares in data privacy tech startup Statice in exit to PwC Germany
Summary
Cologne / Berlin, 02.03.2021 — In a favorable exit, early-stage venture capital firm Capnamic Ventures has sold its shares in Statice GmbH, the AI startup specializing in privacy-preserving synthetic data, to PwC Germany, one of the leading auditing and consulting services organisations in Germany. The sale was part of a growth financing round in which PwC Germany has acquired a significant minority stake of nearly 50% in Statice. “It’s great to see that the Statice team has reached this unparalleled milestone due to their outstanding product and hard work. By partnering with PwC Germany, the team has found a perfect strategic fit to accelerate the growth of the company. We’re very fortunate to have played a small part in accompanying Statice from their seed stage up to this point”, says Jörg Binnenbrücker, General Partner at Capnamic Ventures.
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