Berlin – A YPOG team led by Stephan Bank advised Speedinvest, a pan-European early-stage venture capital fund based in Vienna, on its latest €500 million fundraising with 90% already committed.
With the fresh capital, Speedinvest seeks to help European startups scale to global success. €300m is going to be being invested into innovative new pre-Seed and Seed tech startups through the flagship fund, Speedinvest IV, while the remaining capital is reserved for selective follow-on co-investments in existing Speedinvest portfolio companies to support their long-term growth.
Major investors of Speedinvest IV include New Enterprise Associates (NEA), the European Investment Fund (EIF), and Bpifrance*, alongside globally recognized government funds, banks, insurance companies, pension funds, and large family offices. Many of Speedinvest’s most successful founders have also provided commitments, including from Bitpanda, Billie, and Yokoy.
In total, with the new capital, Speedinvest’s assets under management will increase to more than
€1 billion.
Alongside the additional €500m, Speedinvest recently closed its €80M Climate & Industry Opportunity fund, which was also advised by the same YPOG team. This fund will invest in new climate tech startups addressing sustainability challenges in the industrial sector, while also supporting Speedinvest’s existing sustainability-oriented portfolio.
Advisors Speedinvest:
Dr. Stephan Bank (Lead; Structuring), Partner
Dr. Florian Wilbrink (Structuring), Associate
Dr. Michael Filipowicz (Structuring), Senior Associate
Dr. Niklas Ulrich (Regulatory), Senior Associate
Florian Thrun (Regulatory), Associate
About Speedinvest
With 40+ investors across the continent and offices in Berlin, London, Munich, Paris, and Vienna, Speedinvest has built the largest Seed stage investment team in Europe. It sees more than 60% of all European startups that reach Series A at the pre-Seed and Seed stages, and is ranked among the most active Seed investors in EMEA unicorns. Speedinvest also has more than 20 future unicorns in its portfolio (as defined by Dealroom), including Adverity, Billie, CoachHub, Schüttflix, TWAICE, and Primer.
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* Bpifrance has invested from its own funds and from its Digital Fund of Funds
About us
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
