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YPOG advises alfa8 and Amplifier on €28.2 million financing round of Hive

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Cologne, Juli 2024 – YPOG advised existing investors alfa8 and Amplifier on the €28.2 million Series A financing round of Hive Technologies ("Hive"). Earlybird led the round, in which existing investors such as Tiger Global and Picus Capital also participated. The round also included a €10 million venture debt from Atempo Growth.

Founded in Berlin in 2020, Hive has developed into the leading operations platform for independent brands in Europe. The start-up helps direct-to-consumer (D2C) brands get their products to customers quickly and easily. The company's platform covers the entire operational value chain, including fulfillment, delivery and post-purchase customer experience. Key features include multichannel inventory and order management, intelligent carrier selection, personalization tools and its consumer-centric tracking and returns solution.

Hive has already established a presence in Germany, France, Italy, Spain and the UK.

Hive intends to use the new capital to further accelerate growth and product development and plans to reach the profit zone next year.

Team

Dr. Johannes Janning (Lead) (Transactions), Partner, Cologne
Benedikt Kreuder (Transactions), Senior Associate, Berlin

About alfa8

A family office with over 100 years of shipping heritage. Investing in private capital, alternatives and public securities globally. Supporting the green transition through COlab, our venture and direct tech investment unit. Focusing on long-term value creation with a permanent capital base and flexible investment mandate.

About Amplifier

Amplifier Ventures is a Berlin-based venture capitalist that invests in logistics and mobility technologies. As a specialized fund, Amplifier uses its expertise and extensive network of industry partners to support founders.

 

Download Press Release: YPOG advises alfa8 and Amplifier on €28.2 million financing round of Hive

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

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