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.
Pressekontakt
About us
YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 180 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Cologne, Hamburg, Munich, Cambridge and London.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog