Berlin/Hamburg/Köln, December 2023 – YPOG has been involved in a number of transactions in the start-up sector in recent weeks. Among others, investors and companies such as Project A, 42CAP, Coefficient Capital and True, Seqstant, Yepoda as well as OBI SQUARED relied on the expertise of the boutique law firm and its transaction team.
YPOG advises Project A on the financing round of METYCLE
Berlin, Dezember 15, 2023 – YPOG advised Project A as lead investor on the €4.7 million seed financing round of METYCLE. Partech, Market One Capital, Dutch Founders Fund and industrial angel investors such as Anne-Marie Großmann (GMH Group), Gisbert Rühl (ex-CEO Klöckner & Co.), Christoph Cordes (Flink) and Philipp Andernach (Antunnacum) also participated in the round.
Founded in Cologne in 2022 by Rafael Suchan and Sebastian Brenner, the digital platform enables buyers and sellers to trade in all metals and mixed metals, from steel and aluminum to copper and other non-ferrous metals. METYCLE carries out quality checks and takes care of the logistics, which the parties can follow live. METYCLE has also entered into a new partnership with the Berlin-based fintech start-up Finmid for trade financing.
The start-up plans to use the funding to accelerate its market launch, expand into new regions and develop technological solutions to improve quality control in the secondary metals industry.
Team:
Dr. Frederik Gärtner (Co-Lead, Transactions), Partner, Berlin
Dr. Ferdinand Cadmus (Co-Lead, Transactions), Senior Associate, Berlin/Hamburg
Dr. Benedikt Flöter (IP/IT), Associated Partner, Berlin
YPOG advises Project A on the financing round of montamo
Berlin, Dezember 12, 2023 – YPOG advised Project A as lead investor on the €2.1 million pre-seed financing round of montamo. In addition, various well-known business angels such as Philipp Klöckner, Patrick Andrae and Adrian Frenzel participated.
Founded in 2023 by Alexander Böhm and Ole Schaumberg, montamo aims to accelerate the implementation of the green energy transition by counteracting the shortage of skilled workers. Using a hybrid approach of specialized training centers and digital solutions, the start-up aims to train career changers and people with a migration background to become qualified construction workers in the energy sector.
The freshly raised capital will guarantee the early start of training for interested parties.
Team:
Dr. Frederik Gärtner (Co-Lead, Transactions), Partner, Berlin
Alexander Sekunde (Co-Lead, Transactions), Senior Associate, Berlin
YPOG advises 42CAP on financing round of Inceptron
Berlin, Dezember 8, 2023 – YPOG advised lead investor 42CAP on the €2 million pre-seed financing round of Inceptron. Dreamcraft Ventures participated as co-investor.
Founded in 2022 in Lund, Sweden, by Steffen Malkowsky and Lucas Ferreira, Inceptron is developing a solution for AI computing with reconfigurable hardware (FPGAs) in the cloud.
The financing will be used for product development, expanding the team and driving sales. The aim is to strengthen the market position and make AI more accessible and efficient.
Team:
Dr. Frederik Gärtner (Lead, Transactions), Partner, Berlin
Roman Schäle (Transaction), Associate, Berlin
YPOG advises investors on Series A financing round of Milano Vice
Berlin, Dezember 6, 2023 – YPOG advised the lead investor Coefficient Capital as well as the co-investor True on the $9 million Series A financing round of Milano Vice. Other participating investors include Speedinvest and the Geschwister Oetker group.
Founded in Berlin in 2022 by Rudolf Donauer and Dennis Murselovic, the food start-up was the first and only digitally operated pizza restaurant concept in the world to focus on delivery.
With the new capital, Milano Vice plans to continue developing its brand through a multi-channel strategy and to expand its physical presence through smaller format locations.
The team led by Benjamin Ullrich and Tobias Lovett had already advised Coefficient Capital on the start-up's €6 million financing round in 2022.
Team Coefficient Capital:
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Tobias Lovett (Co-Lead, Transactions), Senior Associate, Berlin
Stefan Richter (Tax), Partner, Hamburg
Farina Weber (Transactions), Associate, Berlin
Team True:
Dr. Frederik Gärtner (Co-Lead, Transactions), Partner, Berlin
Dr. Ferdinand Cadmus (Co-Lead, Transactions), Senior Associate, Berlin/Hamburg
YPOG advises Seqstant on financing round
Berlin, November 28, 2023 – YPOG advised MedTech start-up Seqstant on its €1.8 million seed financing round. The financing round was led by Brandenburg Kapital, the venture capital unit of the Investment Bank of the State of Brandenburg. Other investors include Impact Investments, Venture League, the Berlin business angel network SB21 and the HPI Seed Fund.
Seqstant, founded in 2021 by Dr. Henri Knobloch and Dr. Tobias Loka at the Hasso Plattner Institute, has developed a SaaS solution that enables pathogens to be diagnosed quickly and comprehensively by sequencing with just one click. Using the 'LiveGene' analysis software, pathogens can be fully identified from various types of patient samples in order to treat patients with serious infections earlier and in a more targeted manner.
The start-up plans to use the newly raised capital for the development and marketing of its 'LiveGene' software, product expansion and the expansion of the team.
Team:
Dr. Frederik Gärtner (Co-Lead, Transactions), Partner, Berlin
Pia Meven (Co-Lead, Transactions), Senior Associate, Berlin
Dr. Benedikt Flöter (IP/IT), Associated Partner, Berlin
YPOG advises Yepoda on Series A financing round
Berlin, November 23, 2023 – YPOG advised Yepoda on its Series A financing round. The financing round was led by JamJar Investments. Other investors included V3 Ventures, led by Treatwell founder Lopo Champalimaud, and Slingshot Ventures.
Yepoda, based in Berlin, was founded in 2020 by Veronika Strotmann and Sander van Bladel to make Korean skincare products, known as K-Beauty products, accessible to the Western market.
The financing will be used to expand the product range, the global positioning as well as the omnichannel offering. To this end, the brand will open its first brick-and-mortar store worldwide in Milan in December 2023.
Team:
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Tobias Lovett (Co-Lead, Transactions), Senior Associate, Berlin
Dr. Malte Bergmann (Tax), Partner, Hamburg
YPOG advises OBI SQUARED on its investment in 42watt
Cologne, November 21, 2023 – YPOG advised OBI SQUARED on the investment in 42watt. The corporate venture capital branch of OBI, the leading DIY brand in Europe, is entering the CleanTech start-up as an early stage investor, complementing the seed financing provided by Contrarian VC, Bonventure and PropTech1 in August of this year.
The Munich-based energy consultancy 42watt was founded in October 2021 by Dr. Jörg Überla and Marcus Dietmann and has set itself the goal of reducing energy consumption per square meter to 42 kWh - exactly the amount needed to achieve Germany's climate targets for buildings by 2045.
Thanks to OBI's high brand awareness, the start-up is opening up new sales channels in the attractive DIY environment and can concentrate on the technological development of its product thanks to direct customer feedback.
Team:
Dr. Johannes Janning (Lead, Transactions), Partner, Cologne
Laura Franke (Transactions), Project Lawyer, Cologne
Download: YPOG Deal Update: Current Transactions
Contact
Benno Engelmann
T +49 172 2749 689 | E presse@ypog.law
Engelmann Advisory
engelmann-advisory.com
YPOG is a law firm specialized in tax and business law, active in the core fields of Funds, Tax, Banking + Finance, and Transactions. The team at YPOG represents a broad client base, which ranges from emerging technology companies and family-run SMEs to large corporations, as well as private equity, and venture capital funds. YPOG is one of the leading advisors for venture capital, private equity, and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus, Chambers and Partners as well as Leaders League. Today, YPOG has more than 150 experienced attorneys, tax advisors and tax specialists and a notary, in four offices, located in Berlin, Hamburg, Cologne, and Munich.
