Berlin/Hamburg/Cologne/Munich, January 2025 – YPOG has been involved in several transactions in the start-up sector in recent weeks. Among others, we were able to work with investors and companies such as Acton Capital, Samaipata and Senovo, Refoxy Pharmaceuticals, Movendo Capital, Datagon AI, UnitPlus, Siemens Financial Services and Omnes Capital.
YPOG advises Acton Capital on the financing round of vialytics
Hamburg, December 20, 2024 – YPOG advised the lead investor Acton Capital on the €8 million financing round of the SaaS start-up vialytics. The existing investors EnBW New Ventures, Statkraft Ventures and Scania Growth Capital also participated in the round.
The Stuttgart-based company, founded in 2018 by Patrick Glaser, Achim Hoth and Danilo Jovicic-Albrecht, ensures better roads with its AI-based vialytics system. vialytics records the condition of the road infrastructure and evaluates it automatically. This increases efficiency in municipal administration.
With the new financing round, vialytics plans to reach the profit zone and continue to grow organically. At the same time, the core product, road condition monitoring via smartphone app and browser-based web system, is to be further developed.
Team:
Dr. Adrian Haase (Lead, Transactions), Partner, Hamburg
Dr. Gerrit Breetholt (Transactions), Associate, Hamburg
Theresia M. R. Heinrich (Corporate), Senior Associate, Hamburg
Farina Weber (Transactions), Associate, Berlin
Silke Ricken (Corporate), Associate, Berlin
Dr. Benedikt Flöter (IP/IT/Data Protection), Associated Partner, Berlin
Anna Eickmeier (IP/IT/Data Protection), Senior Associate, Berlin
Dr. Christoph Cordes (IP/IT/Data Protection), Associate, Berlin
YPOG advises Samaipata and Senovo as lead investors on Synthavo's seed round
Hamburg, December 20, 2024 – YPOG advised the lead investors Samaipata and Senovo on the €4 million seed financing round of the AI start-up Synthavo. Business angels such as Rainer Hundsdörfer and Oliver Bendig also participated in the financing round.
The AI-powered platform from Synthavo enables machine manufacturers to optimize spare parts sales, streamline the ordering process and significantly reduce machine downtime. With Synthavo's intuitive, automated solution, smartphone users can identify and order spare parts anytime, anywhere in less than two seconds. This promotes smooth operations and maximizes productivity.
The fresh capital will drive the expansion of Synthavo's headcount and strengthen the sales, technical and customer service teams to improve operational capacity and service quality.
Team:
Dr. Adrian Haase (Lead, Transactions), Partner, Hamburg
Dr. Benedikt Flöter (IP/IT/Data Protection), Associated Partner, Berlin
Anna Eickmeier (IP/IT/Data Protection), Senior Associate, Berlin
Alexandra Steifensand (Transactions), Associate, Berlin/Hamburg
Theresia M. R. Heinrich (Corporate), Senior Associate, Hamburg
Farina Weber (Transactions), Associate, Berlin
Dr. Christoph Cordes (IP/IT/Data Protection), Associate, Berlin
Dr. Gerrit Breetholt (Transactions), Associate, Hamburg
YPOG advises Refoxy Pharmaceuticals on seed extension
Berlin, December 4, 2024 – YPOG advised Cologne-based biotech company Refoxy Pharmaceuticals on the €9.1 million seed extension financing. The round was led by Boehringer Ingelheim Venture Fund (BIVF), supported by Apollo Health Ventures, NRW.Venture and High-Tech Gründerfonds (HTGF).
Refoxy Pharmaceuticals was founded in 2020 and is a preclinical biotech company developing small molecule activators of the transcription factor FOXO3 for the treatment of age-related diseases.
The company intends to use the capital to advance the development of novel therapeutic drugs for the treatment of idiopathic pulmonary fibrosis (IPF).
Team:
Dr. Martin Schaper (Lead, Transactions), Partner, Berlin
Pia Meven (Transactions), Senior Associate, Berlin
Benjamin Müller (Transactions), Associate, Berlin
Boris Schinzel (Transactions), Associate, Berlin
YPOG advises Movendo Capital on €25 million hybrid financing of Foodji
Berlin, November 20, 2024 – YPOG advised Movendo Capital on the €25 million hybrid financing of the Munich-based FoodTech scale-up Foodji. Foodji is the first company in Europe to secure access to a new hybrid financing from P Capital Partners in Sweden, giving it access to debt capital without having to raise equity - a structure that is normally standard in venture debt financing. This model opens up new financial opportunities, avoids additional equity dilution and replaces an equity round.
As a provider of fresh food at the workplace, Foodji gives small and medium-sized companies without canteens access to fresh, healthy and affordable employee meals and offers larger companies an alternative to the canteen.
With the new financing, Foodji is pursuing a sustainable growth strategy and plans to further increase its sales and presence in Germany and Europe.
YPOG has already advised Movendo Capital on the $23 million investment in 2023 as part of a Series A financing round alongside the Portuguese law firm Vieira de Almeida which also advised on the most recent hybrid financing.
Team:
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Dr. Adrian Haase (Transactions), Partner, Hamburg
Tobias Lovett (Co-Lead, Transactions), Senior Associate, Berlin
Nina Ahlert (Transactions), Senior Associate, Köln
Benjamin von Mangoldt (Funds, Transactions), Associate, Berlin
Farina Weber (Transactions), Associate, Berlin
Dr. Malte Bergmann (Tax), Partner, Hamburg
Stefan Richter (Tax), Partner, Hamburg
Lukas Schmitt (Tax), Senior Associate, Hamburg
YPOG advises Datagon AI on pre-seed financing
Berlin, November 13, 2024 – YPOG advised the Munich-based AI start-up Datagon AI on its pre-seed financing round. Investors participating in the round included Bastian Nominacher (founder of Celonis), Mehdi Ghissassi (director of Google Deepmind), Joachim Drees (former CEO of MAN), Frank Lindenberg (former CFO of Mercedes-Benz), Hanno Renner (founder of Personio), Michael Wax (founder of Forto), Zhaopeng Chen (founder of Agile Robots), OMA Business Angels (founding team of ProGlove), Nicolas Granatino (founder of StemAI), Daniel W. Dippold (founder of EWOR) and Daniel Kirchleitner.
Datagon AI was founded in Munich in 2023 and provides data-driven quality management. With its AI-supported software solution Qualitatio, the company enables its customers to use all data from production processes to improve product quality, reduce costs and secure a competitive advantage in Industry 4.0.
Datagon AI intends to use the fresh capital to further develop its platform and expand its customer support. The start-up is also preparing its expansion into other European countries.
Team:
Dr. Benjamin Ullrich (Lead, Transactions), Partner, Berlin
Farina Weber (Transactions), Associate, Berlin
YPOG advises UnitPlus on seed financing round
Berlin, October 28, 2024 – YPOG advised the Berlin-based Fintech UnitPlus on its €4.7 million seed financing round. The round was led by the English early-stage technology fund Pact and Liechtenstein-based Seed X. Other investors in the round included Material Ventures, Nextblue, Robin Capital and Exxeta Ventures, alongside well-known business angels and existing investors such as Daniel Dippold (founder of Ewor), Alexandros Bottenbruch (PayPal Ventures) and the Dr. Giesen Family Office.
UnitPlus was founded in 2021 by Fabian Mohr, Kerstin Schneider and Sebastien Segue: the Berlin-based WealthTech UnitPlus is the world's first neo-asset manager to build a platform for short- and long-term investments. Following the successful launch of CashPlus in May 2023 as Tagesgeld 2.0, UnitPlus Business is now the next step in making a modern cash management solution available to SMEs, putting the same capabilities as Warren Buffett's Berkshire Hathaway in the hands of every SME via the world's first digital capital market CFO.
Unitplus plans to expand its offering with AI-based savings plans and additional portfolios in the areas of active ETFs and private equity. It is also developing a cash management product for mid-market corporate clients.
Team:
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Dr. Malte Bergmann (Tax), Partner, Hamburg
Benedikt Kreuder (Transactions), Senior Associate, Berlin
Tobias Lovett (Co-Lead, Transactions), Senior Associate, Berlin
Lukas Schmitt (Tax), Senior Associate, Hamburg
Farina Weber (Transactions), Associate, Berlin
Benjamin von Mangoldt (Funds, Transactions), Associate, Berlin
Theresia M. R. Heinrich (Corporate), Senior Associate, Hamburg
Silke Ricken (Corporate), Associate, Berlin
YPOG advises Siemens Financial Services and Omnes Capital on €15.3 million Series A financing round of Carbyon
Berlin, September 3, 2024 – YPOG advised the new investors Siemens Financial Services and Omnes Capital on the €15.3 million Series A financing round of the Direct Air Capture (DAC) start-up Carbyon together with its Dutch partner law firm Vriman.
In addition to the existing investors Invest-NL, Innovation Industries, Lowercarbon Capital and Brabant Development Agency (BOM), Global Cleantech Capital also participated as a new investor.
Carbyon, founded in 2019 by Hans De Neve in the Netherlands, develops DAC machines that use a patented, very fast capture technology. This high-speed process drastically reduces the cost of DAC machines, resulting in significantly lower costs per ton of CO2 captured.
The large financial investment will enable the company to develop the first engineering-scale demonstrators and start commercial pilot testing.
Team:
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Tobias Lovett (Co-Lead, Transactions), Senior Associate, Berlin
Download Deal Update
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.
