Berlin/Hamburg/Cologne, October 2023 – YPOG has also been involved in a number of
transactions in the start-up sector in recent weeks. Among others, investors and companies such as
Resourcify, Bambus, 42CAP and Tola Capital, ARX, IRIS Ventures, Event Inc, Rethink
Ventures as well as Project A relied on the expertise of the boutique law firm and its transaction
team.
YPOG advises Resourcify on €14 million financing round
Hamburg, September 27, 2023 – YPOG advised Resourcify on its €14 million Series A financing round. The financing round is led by Vorwerk Ventures, with additional investors including Revent, Ananda Impact Ventures, Speedinvest, BonVenture and WEPA Ventures.
Resourcify is a recycling platform that helps companies optimize their waste management.
With this round of investment, Resourcify intends to enhance its software as a service (SaaS) offering
across multiple industries, continue to focus on critical waste ‘take-back’ programs that enable
companies to reach their sustainability goals as well as expanding its market leadership internationally in Europe and the United Kingdom. The company will also prioritise growing its commercial teams to scale revenue and create an enhanced recycling experience across the entire value chain.
YPOG advises Resourcify regularly, most recently as part of its waste partnership with Interzero.
Team:
Dr. Adrian Haase (Co-Lead, Transactions), Associated Partner, Hamburg
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Alexandra Steifensand (Transactions), Associate, Berlin/Hamburg
YPOG advises Bambus on seed financing round
Berlin, September 26, 2023 – YPOG advised Bambus on its seed financing round on a comprehensive legal basis. In addition to existing investors, new investors have also recognized the potential of Bambus and participated with a seven-digit investment: among them are renowned investors such as David Savasci (miracl), Nikolaus Stadler (Mantaray) and Jerome Balladur as well as the Austrian venture capital fund Calm/Storm, i5invest or the Swiss Tenity Group AG.
Bambus was founded in 2018. The German-Austrian start-up enables property owners to release part of the value of their property while still being able to live in their home. The company participates as a co-owner in a property and pays out the proportional market value.
The freshly raised capital will be used to continue the growth of the company, as well as to expand the product offering and establish their business model.
Team:
Dr. Adrian Haase (Co-Lead, Transactions), Associated Partner, Hamburg
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Alexandra Steifensand (Transactions), Associate, Berlin/Hamburg
YPOG advises 42CAP and Tola Capital on €17.5 million financing round of KYP.ai
Berlin, September 20, 2023 – YPOG advised 42CAP and Tola Capital on the €17.5 million Series A
financing round of KYP.ai. In addition to existing investors 42CAP and Tola Capital, OTB Ventures
participated in the financing round.
Founded in 2018, KYP.ai uses artificial intelligence (AI) to help companies like DHL, Mindsprint BPS,
Hollard, Qinecsa, Allied Global, and Alorica collect and publish meaningful productivity insights to
improve their bottom lines.
KYP.ai intends to use the new capital to expand in the U.S. and also grow its existing customer base in Europe and Asia. The investment will also enable KYP.ai to promote and further develop its newest
feature, GenAI Opportunity Identification.
Team:
Dr. Frederik Gärtner (Co-Lead, Transactions), Partner, Berlin
Dr. Ferdinand Cadmus (Co-Lead, Transactions), Senior Associate, Berlin
Roman Schäle (Transactions), Associate, Berlin
YPOG advises ARX on first financing round
Berlin, September 20, 2023 – YPOG advised the Munich-based start-up ARX on its successful €1.15
million pre-seed financing round, which was led by Project A.
ARX was founded in 2021 by Marc Wietfeld and Stefan Röbel as a spin-off of the GEREON research
project at the German Armed Forces University Munich. The start-up builds and operates
multifunctional, AI-supported robots for various applications. The goal is to help soldiers and civilian
first responders make better decisions and act more effectively in life-threatening situations.
With the freshly raised capital, the start-up wants to invest in human resources, further develop the
technology of the robots and increase its production capacities.
Team:
Dr. Frederik Gärtner (Lead, Transactions), Partner, Berlin
Dr. Benedikt Flöter (IP/IT/Data Protection), Associated Partner, Berlin
Alexander Sekunde (Transactions), Senior Associate, Berlin
YPOG advises IRIS Ventures on Series A financing round of mammaly
Berlin, September 14, 2023 – YPOG advised IRIS Ventures on the € 14 million Series A financing round of mammaly. International growth equity fund IRIS Ventures led the round together with Five Seasons Ventures with participation of business angel and pet food and consumer specialist Attila Balogh.
mammly offers nutritional supplements for pets. The start-up was founded in 2020 in Cologne by
Stanislav Nazarenus and Alexander Thelen.
The fresh capital will be used for further growth, the expansion of the product portfolio and the
expansion of its retail presence.
Team:
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Nina Ahlert (Co-Lead, Transactions), Senior Associate, Köln
Jannis Fischer (Corporate), Associate, Köln
Laura Franke (Transactions), Project Lawyer, Köln
Dr. Benedikt Flöter (IP/IT/Data Protection), Associated Partner, Berlin
Dr. Christoph Cordes (IP/IT/Data Protection), Associate, Berlin
YPOG advises Event Inc on the acquisition of HONEST
Hamburg, September 14, 2023 - YPOG advised the Hamburg-based Event Inc Group on the acquisition of HONEST GmbH & Co. KG. As of October, the SaaS provider for booking and management of corporate events takes over the meeting and event specialist and thus expands its presence in Southern Germany.
Already in 2021 and 2022, the Event Inc Group, which has been active on the market since 2014, has
grown strongly through three acquisitions, among others: in these years, the group of companies took over the event specialist smart and more, the event tech company ALOOM, and the Dutch event tech provider Inspiratie Op Locatie.
YPOG advised Event Inc on the legal aspects of the two acquisitions in Germany.
Currently, around 80 MICE and IT experts work for the Hamburg-based Event Inc Group.
Team:
Dr. Adrian Haase (Co-Lead, Transactions), Associated Partner, Hamburg
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
YPOG advises Rethink Ventures on seed financing of driveblocks
Berlin, September 12, 2023 – YPOG advised Rethink Ventures on the €2.2 million seed financing round of driveblocks. In addition to Rethink Ventures, Bayern Kapital was co-lead investor. Other investors included angel investor Joachim Drees and existing investor Friedrich & Wagner Holding.
The technology start-up was founded in Garching in 2021 by Dr. Stephan Matz and Dr. Alexander
Wischnewski. The company develops technologies for autonomous driving commercial vehicles,
specifically the Mapless Autonomy Platform.
With the new capital, the founding team primarily wants to expand its technology for cardless
automated driving.
Team:
Dr. Frederik Gärtner (Co-Lead, Transactions), Partner, Berlin
Dr. Ferdinand Cadmus (Co-Lead, Transactions), Senior Associate, Berlin
YPOG advises Project A on $15 million financing round of Ello
Berlin, September 7, 2023 - YPOG advised Project A on the $15 million Series A financing round for
start-up Ello. The round was led by Goodwater Capital and included investments from Reed Hastings, Common Sense Growth, Homebrew, Ravensburger and existing investors Project A, Y Combinator, WndrCo, Reach Capital, Visible Ventures and Khosla Ventures.
Founded in 2019 by Dr Elizabeth Adams, Tom Sayer and Catalin Voss, Ello provides a subscriptionbased service for personalized one-to-one tutoring for children. The proprietary technology uses speech recognition to analyze a child's reading and provide personalized feedback.
The company plans to use the funds for the further development of its product.
Team:
Dr. Frederik Gärtner (Lead, Transactions), Partner, Berlin
Roman Schäle (Transactions), Associate, Berlin
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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.
