Berlin/Hamburg/Cologne, March 29, 2023 – YPOG was involved in a large number of transactions in the start-up sector in the first quarter of 2023. Among others, investors and companies such as Vorwerk Ventures, Planet A Ventures, as well as Kopernikus and ALTANA, insureQ, Careloop, 10x Founders and Mondu relied on the expertise of the boutique law firm and its transaction team.
YPOG advises Vorwerk Ventures and Planet A Ventures on € 10 million Series A financing round of Sunhero
Berlin, March 2023 - YPOG advised Vorwerk Ventures and Planet A Ventures as lead investors in the €10 million Series A financing round of Berlin-based start-up Sunhero. The solar start-up operates mainly in Spain and installs solar panels for private individuals.
The current Series A financing round involves Berlin-based investors. In addition to lead investors Planet A and Vorwerk Ventures, shareholders Redstone and Speedinvest were also involved. In addition, the Spanish VC All Iron Ventures from Bilbao is also on board.
The company will use part of the new funding to consolidate its position in the Spanish market, invest in software development and expand its product range, especially the portfolio to include chargers for electric cars.
Team:
Dr. Adrian Haase (Co-Lead, Transactions), Associated Partner, Hamburg
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Ann-Kristin Lochmann (Tax), Associated Partner, Hamburg
Dr. Benedikt Flöter (IP/IT), Associated Partner, Berlin
Alexandra Steifensand (Transactions, Corporate), Associate, Berlin
YPOG advises Kopernikus on €3 millionen funding round
Hamburg, February 2023 – YPOG advised Kopernikus Automotive on the subsequent investment of €3 million by Continental and TGFS Technologiegründerfonds Sachsen.The Leipzig based start-up is the leading developer in automated valet parking technology, which describes an autonomous driving solution.
Kopernikus Automotive was founded in 2016 by Stefan Jenzowsky and Tim von Törne and is headquartered in Leipzig, Germany with an R&D Center in Berlin.
Team:
Dr. Jörn Wöbke (Lead) (Transactions, Corporate), Partner, Hamburg
Stefan Witte (Transactions, Corporate), Associated Partner, Hamburg
Boris Schinzel (Transactions, Corporate), Associate, Berlin
Johannes Schmidt (Transactions, Corporate), Associate, Hamburg
YPOG advises ALTANA New Technologies on investment in Saralon
Cologne, February 2023 - YPOG advised ALTANA New Technologies GmbH, a subsidiary of ALTANA AG, on its investment in the Chemnitz-based technology start-up SARALON at the end of 2022.
Founded in 2015, the company specialises in the development of electronic printing inks and offers prefabricated electronic components that enable the fast development of electronic printing capacities. The already successfully launched SARLON product portfolio enables the production of printed batteries or sensors, e.g. for measuring humidity, temperature and pressure in packaging, to ensure efficient and sustainable logistical cooling processes. In close cooperation and research collaboration with ELANTAS, a division of ALTANA specialising in protective materials and liquid insulating materials, the start-up will expand its product range and implement it on the market.
Team:
Dr. Johannes Janning (Lead, Transactions), Partner, Cologne
Jonathan Görg (Transactions), Associate, Cologne
Nina Ahlert (Transactions), Senior Associate, Cologne
Dr. Malte Bergmann (Tax), Partner, Hamburg
Dr. Benedikt Flöter (IP/IT), Associated Partner, Berlin
YPOG advises insureQ on acquisition by Infos AG
Berlin, February 2023 - YPOG advised the Munich-based InsurTech start-up insureQ on its acquisition by the Miltenberg-based fund intermediary Infos AG. insureQ was founded in 2020 and operates a platform through which craftsmen, self-employed persons and other professionals can put together suitable insurance packages. Investors in the digital insurance solutions start-up included venture capital investor Nauta Capital and Global Founders Capital.
insureQ will continue as an Infos subsidiary and is intended to complement the existing offering of the broker, which operates the Fonds-Super-Markt.de fund discount platform, among others.
Team:
Dr. Frederik Gärtner (Lead, Transactions), Partner
Alexander Sekunde (Transactions), Associate
Ann-Kristin Lochmann (Tax), Associated Partner, Hamburg
YPOG advises Careloop on €2 million funding round
Berlin, February 2023 - YPOG advised Careloop on its €2 million funding round. Redstone, EnjoyVenture and IBB Ventures as well as Swiss Founders Fund (SFF), Mediengruppe Klambt Digital, WestTech Ventures joined as investors.
The Berlin-based start-up, founded by Alexander Lundberg and Matti Fischer, positions itself as a all-in-one tech solution for recruiting, educating and integrating international medical professionals in the German healthcare system. The Swiss Founders Fund (SFF), Mediengruppe Klambt, WestTech Ventures, HNC Capital and other angel investors previously invested a high six-figure sum in Careloop.
Team:
Dr. Adrian Haase (Co-Lead, Transactions), Associated Partner, Hamburg
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Alexandra Steifensand (Transactions, Corporate), Associate, Berlin
YPOG advises 10x Founders on €11.6 million seed funding round
Aachen, February 2023 - YPOG advised 10x Founders on the second seed financing of the Aachen-based start-up Cylib. 10x Founders is assisting the lead investor World Fund with the expansion of the financing round. The company had already closed a seed financing round in October 2022, raising €3.6 million.
With the seed capital, the company plans to set up a pilot production facility in Aachen to industrialise the new recycling process together with partners from different industries.
Founded in 2022, Cylib is a start-up for holistic and innovative battery recycling, starting from the unloading of batteries to the recovery of all recyclables
Team:
Dr. Adrian Haase (Co-Lead, Transactions), Associated Partner, Hamburg
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Alexandra Steifensand (Transactions, Corporate), Associate, Berlin
YPOG advises Mondu on US$13 million funding round
Cologne, January 2023 - YPOG has advised Berlin-based start-up Mondu on the US$13 million expansion of its Series A funding round. The funding round is led by Valar Ventures and Fintech Collective. Both venture capitalists are already invested in the company. In total, the Series A increases to US$56 million. With the fresh capital, Mondu wants to expand further internationally and develop new products.
The fintech company was founded in 2021 and positions itself as a so-called "buy now, pay later" provider for business customers. The Mondu team was led by Miyu Lee, Chief Legal Officer & General Counsel.
Team:
Dr. Johannes Janning (Lead, Transactions), Partner, Cologne
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Christiane Schnitzler (Transactions), Associate, Cologne
Laura Franke (Project Lawyer), Cologne
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.
