Skip to header Skip to content Skip to footer

YPOG advises 42CAP on USD 50 million Series B financing round of Berlin-based AI startup Qdrant

YPOG has provided legal advice to early-stage investor 42CAP on the Series B financing round of Berlin-based AI infrastructure startup Qdrant with a total volume of 50 million US dollars. The round was led by AVP (Advance Venture Partners) with participation from 42CAP, Bosch Ventures, Unusual Ventures and Spark Capital.  

YPOG has provided legal advice to early-stage investor 42CAP on the Series B financing round of Berlin-based AI infrastructure startup Qdrant with a total volume of 50 million US dollars. The round was led by AVP (Advance Venture Partners) with participation from 42CAP, Bosch Ventures, Unusual Ventures and Spark Capital.

Qdrant is developing an open-source vector database that serves as core infrastructure for modern AI applications and can be deployed seamlessly in cloud, onpremise and edge environments. With the new capital, the company plans to further scale its technology, accelerate product development and drive international market expansion.

42CAP’s participation in the Series B round continues its early support for Qdrant. In the previous financing round, the EUR 28 million Series A financing, YPOG had already provided comprehensive legal advice to 42CAP.

“We are delighted to once again advise 42CAP on a significant financing round for Qdrant. This transaction highlights how the collaboration between visionary investors and innovative deep‑tech founders is currently shaping the AI landscape in Europe,” says Dr. Frederik Gärtner, Partner at YPOG.

Team

Dr. Frederik Gärtner (Lead, Transactions) Partner, Berlin
Jens Kretschmann (Funds), Partner, Berlin                
Sjard Seeger (Transactions), Senior Associate, Berlin  
Sarah Sostak (Corporate), Associate, Berlin  

About 42CAP

42CAP is a Munich-based early-stage venture capital firm investing in European B2B software and technology startups. Founders and partners Alex Meyer and Thomas Wilhelm follow the “Founders backing Founders” principle, drawing on their own experience from building a successful global SaaS company. 42CAP supports entrepreneurs with deep technical expertise who develop internationally scalable and sustainable business models. The firm’s portfolio includes Personio, Aircall, Qdrant, and ParcelLab.

 

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