Luther advises Fiege on its stake in an AI and Big Data start-up

WDL develops data science software solutions that use machine learning and artificial intelligence (AI) to increase the success of companies. In addition to its own Software as a Service (SaaS) products, such as fully automated "forecasting" solutions for forecasting product sales and reducing inventory and personnel costs, the start-up also provides data science and AI consulting to companies from all industries.

The FIEGE Group, whose registered office is in Greven, Germany, has been involved in the Münster-based start-up as a co-founder and strategic investor (so-called "seed investor") from the very beginning. Thanks to the support of the logistics company, which itself is one of WDL's customers, the start-up, which has been awarded several industry prizes, has been able to grow strongly within the first three years of its foundation.

On behalf of the FIEGE Group:

Luther IP Law: Dr Maximilian Dorndorf (Partner)

Luther Antitrust Law: Dr Helmut Janssen LL.M. (Partner), Lukas Kienzle LL.M. (Senior Associate)