Berlin – YPOG advised venture capital investor Project A Ventures on three further financing rounds:
The Berlin-based fund recently participated in the Series D financing round of Italian residential platform Casavo. The funding has a total volume of €400 million, consisting of a €100 million equity financing and €300 million in debt, making it the largest fundraising for a PropTech in Europe. The financing round was led by Exor, a holding company controlled by the Agnelli family that has a wide variety of investments ranging from publishing (e.g., The Economist) through to automotive brands (e.g., Ferrari and Stellantis) and football clubs (Juventus) with further participation of Project A Ventures, Greenoaks, 360 Capital, P101 SGR, Picus Capital and Bonsai Partners.
Project A Ventures also invested in French pet insurance platform Dalma. The Series A financing round has a total volume of €15 million and was led by Northzone with further participation from Project A Ventures and Anterra Capital. Also the existing investors Global Founders Capital and Frst and Kima Ventures participated.
The venture capital investor also led the seed financing round of Berlin-based startup Root Global. Root Global’s mission is to become the Carbon OS of the food industry. The funding has a total volume of €2.5 million. Besides Project A Ventures, Nucleus Capital and several business angels such as Mengting Gao, Andreas Berger, Max Viesmann, Markus Windisch, Michael Brinkmann and Mario Götze invested.
Advisors Project A Ventures:
Dr. Frederik Gärtner (Lead, Transactions), Partner
Rosa Wizisla (Transactions), Associate
Roman Schäle (Transactions), Associate
Alexander Sekunde (Transactions), Associate
About Project A Ventures
Project A is one of the leading venture capital companies in Europe with offices in Berlin and London. In addition to $600 million in assets under management, Project A supports its portfolio companies with a team of over 100 in-house experts in themes such as software and product development, business intelligence, brand, design, marketing, sales and recruiting. Project A was founded in 2012 and since then has backed more than 100 startups. The portfolio includes companies such as Trade Republic, WorldRemit, sennder, KRY, Spryker, Catawiki and Voi.
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About us
YPOG stands for You + Partners of Gamechangers. As a leading law and tax firm, YPOG supports founders, investors, companies and funds in Germany and internationally in bringing visionary ideas to life in the tech ecosystem and dynamic future markets.
YPOG advises on the structuring of venture capital and private equity funds, financing rounds and complex transactions, as well as on regulatory and tax matters relating to digital assets and financial innovation. As a strategic partner, YPOG develops practical solutions of the highest legal standard.
The firm combines legal and tax expertise with legal tech, digital workflows and AI-based systems to provide efficient and scalable advice.
YPOG and its professionals are regularly recognised by JUVE, Chambers and Partners, The Legal 500, Best Lawyers and Leaders League. More than 380 lawyers, tax advisers, tax specialists, one notary and business professionals work for YPOG across its offices in Berlin, Cologne, Hamburg and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog
