Berlin – While working at SMP, members of the YPOG team advised Revent Capital (Revent) on the structuring of its impact-focused venture capital fund "Revent Ventures I" with a target volume of 50 million Euro. Among the anchor investors are Benjamin Otto, who already co-financed the two well-known German funds e.ventures and Project A, as well as other prestigious entrepreneurs and investors from Berlin, such as Verena Pausder (Fox & Sheep), Sascha Konietzke (Contentful), Max Tayenthal (N26) Luis Hanemann (e.ventures), Benjamin Roth (Urban Sports Club) and Florian Heinemann (Project A). Going forward, Revent intends to attract additional institutional investors to back its impact-focused venture capital fund. The Revent team received comprehensive legal and tax advice from a team led by Stephan Bank.
"With Revent, another VC fund with an impact focus enters the European stage, aiming to show that profit and purpose can not only be combined, but that attractive returns can be achieved particularly through socially responsible actions and business activities," says Stephan Bank. "Although the market is still rather young, there is a rapid growth, and investments with an impact focus are becoming more and more important. We are very pleased that we were able to accompany Revent on the launch of its first fund generation and are closely following further developments in the field of impact investing," adds Joel El-Qalqili.
Revent
Revent is an early-stage investor with an impact focus, dedicated to tackling environmental and social challenges. To this end, Revent invests in the course of Pre-Seed to Series A financing rounds across Europe, primarily in the areas of ClimateTech, EdTech as well as Digital Health and in companies which have a clear purpose in addition to profit. Revent, based in Berlin with an additional office in London, was founded in 2020. The founding partners of the fund, whose portfolio companies include Tomorrow Bank, Sylvera, Tomorrow and Net Purpose, are a quartet consisting
Advisors Revent:
Dr. Stephan Bank (Structuring/Lead) Partner
Lennart Lorenz (Regulatory), Partner
Jens Kretzschmann (Tax), Partner
Joel El-Qalqili (Structuring/Regulatory), Associated Partner
Dr. Florian Wilbrink (Structuring), Associate
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
