Cologne, May 30, 2023 – YPOG advised Simon Capital on the $32 million Series B financing round of Cologne-based start-up Sastrify, a German SaaS platform.
Dutch investor Endeit Capital led the funding round, in which Simon Capital as well as the existing
investors HV Capital, FirstMark Capital and TriplePoint Capital participated.
The company plans to use the money to expand its team in the US and Europe and develop new
product features.
Team
Dr. Adrian Haase (Co-Lead, Transactions), Associated Partner, Hamburg
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
About Simon Capital
Simon Capital is an early-stage VC fund based in Germany. The fund invests in driven founders who
reshape their industries across consumption, wellbeing, and productivity. Simon Capital makes use of its broad network and expertise rooted in an entrepreneurial heritage to lift new generations of
sustainable businesses. The fund follows an active portfolio approach, where capital means more than just mere money; investments so far include e.g., waterdrop, Just Spices, MushLabs, Holy, and Ordio.
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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
