Herbst Kinsky again advised Berlin-based VC firm Project A and Munich-based Senovo Capital on the USD 20 million financing round of Anyline. Other investors included neo investor Digital+ Partners and existing investors PUSH Ventures and Hansi Hansmann.

Founded in 2013 in Vienna, Anyline has established itself as a market leader in the field of mobile text recognition. Using the latest and most innovative approaches in artificial intelligence, Anyline enables any mobile device to process written characters in real time, even when offline. Not only is it more accurate than manual data entry, it also works 20 times faster. Anyline is now one of the global market leaders in mobile data capture with its optical character recognition technology.

“This is exactly the kind of impulse the Austrian tech scene needs. With renowned investors like Senovo and Project A, established start ups like Anyline can also realize their ambitious goals. We are very pleased to be able to accompany these global players with our many years of tech expertise,” said Philipp Kinsky, Partner at Herbst Kinsky.

The Herbst Kinsky transaction team was led by Philipp Kinsky with support from Carl Walderdorff and Philipp Herold. Anyline GmbH was represented by Brandl Talos (Roman Rericha).