Hamburg – YPOG has comprehensively advised Planet A Ventures on the launch of its impact fund with an investment volume of € 160 million. The YPOG team around Julian Albrecht notably consisted of Theresia M. R. Heinrich, Lennart Lorenz and Stefanie Nagel.
Among the investors are Allianz Investment Management, BMW, KfW Capital, REWE and the Danish state investment fund Vaekstfonden. In addition, the fund is supported by well-known serial entrepreneurs such as Rolf Schrömgens (Trivago Co-Founder) Maximilian Backhaus (Global CMO HelloFresh) and Rubin Ritter (Ex-Zalando Co-CEO).
The fund impresses with its scientific approach to impact investing. Planet A Ventures boasts a dedicated scientific team which carries out so-called "life cycle analyses" as part of the fund’s due diligence process. In addition to CO2 emissions, this form of analysis takes into account the protection of biodiversity, resource savings and waste reduction, among other factors.
Legal advisors to Planet A Ventures
Dr. Julian Albrecht (Structuring/Tax), Partner
Theresia M. R. Heinrich (Structuring), Associate
Lennart Lorenz (Regulatory), Partner
Stefanie Nagel (Regulatory), Senior Associate
About Planet A Ventures
Planet A Ventures is a venture capital fund investing in European green tech startups that have a significant positive impact on our planet. As a venture capital fund, Planet A aims to contribute to an economy within the planetary boundaries. Planet A supports innovation in four key areas: Climate change mitigation, waste reduction, resource conservation and biodiversity protection. As the first European VC, Planet A bases its investment decisions on scientific lifecycle analysis and supports founders to scale their impact. Investments include traceless materials (plastic alternatives), Ineratec (e-fuels), C1 (green methanol), GA Drilling (geothermal), 44.01 (carbon storage) and Makersite (supply chain decarbonization). More information about the investment approach is available via Planet A's website: https://planet-a.com/about/
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Contact
Benno Engelmann
T +49 172 2749 689 | E presse@ypog.law
Engelmann Advisory
engelmann-advisory.com
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
