Berlin – While working at SMP, members of the YPOG team advised early-stage investor and operational VC Project A on its investment in the learning platform Knowunity during its seed financing round. Alongside Project A who acted as lead investor, renowned business angels such as Verena Pausder, Mario Götze and Discovery Ventures participated. In September 2020, the young founders of Knowunity launched the EdTech platform that delivers learning content from high school students to high school students. Using the app, students can choose how to learn, when to learn and from whom to learn. With more than 700,000 downloads within only a few months, Knowunity evolved already into one of Germany's fastest-growing education apps. Through the financing and partnership with Project A, the startup plans to further develop the platform and increase its growth.
"Due to current circumstances, e-learning is still the only way for most students to properly prepare for exams. Although there are virtual classrooms offered by schools or great learning channels hosted by teachers on YouTube, learning from peers is a great additional opportunity," says Frederik Gärtner.
More information can be found in German here.
Team:
Dr. Frederik Gärtner, Associated Partner
Dr. Martin Schaper, Partner
Konstantin Häfner, Associate
Project A
Project A is an operational VC that provides capital, network, and exclusive access to a wide range of operational expertise. The Berlin-based investor with $500 M assets under management backs early-stage companies in the digital technology space.
YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog
