Berlin – A YPOG Team co-led by Jens Kretzschmann and Julian Albrecht provided comprehensive legal, regulatory and tax advice to Berlin-based venture capital investor Cherry Ventures on the structuring of its new fund Cherry Decentral I. The crypto-focused fund has reached closing at approximately €30 million and is the company’s first major foray into the digital assets space.
With Cherry Decentral I, Cherry Ventures intends to empower companies taking their first steps into web3. The fund will support selected founders and companies primarily with token-based investments rather than equity. While targeting various global opportunities, Cherry Ventures will focus on investments in the European crypto market.
“There is no way around crypto anymore. It is exciting to see that teams we have advised on venture capital matters over the past few years are now launching dedicated crypto funds. Cherry Ventures will make an important contribution to the European crypto development”, says YPOG’s Associated Partner Julian Albrecht
Advisors Cherry Ventures:
Jens Kretzschmann (Regulatory/Tax), Partner
Dr. Julian Albrecht (Structuring/Tax), Associated Partner
Dr. Dajo Sanning (Tax), Associate.
About Cherry Ventures
Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of their businesses. Cherry Ventures has previously invested in the seed stage of over 75+ companies across Europe, focussing on climatetech, agritech, fintech, ecommerce, software, and more. The broader 24-person team has local presence in Berlin, Stockholm, and London and features a multitude of backgrounds in fields such as computer science, health and neuroscience, law, media, organizational design, product, finance, and more. The team itself comes from the US, UK, Canada, Germany, Italy, and Sweden.
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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
