Cologne, June, 19, 2023 – A YPOG team led by Jens Kretzschmann provided Heartfelt with
comprehensive legal and tax advice on the structuring and first closing of its new early-stage VC fund with a target volume of EUR 80 million. In addition to established LPs, Axel Springer and Porsche again participated in the closing as anchor investors.
With its fund, Heartfelt, like its predecessor structure APX, will invest primarily in European start-ups in their early-stage phase. Heartfelt invests in start-ups at the earliest possible stage - often before the angel round. Initial investments are up to EUR 100,000 and are further increased up to the Series A round if the start-ups show momentum and raise external capital.
Team
Jens Kretzschmann (Lead, Funds), Partner, Berlin
Dr. Sebastian Schödel (Funds), Partner, Köln
Dr. Andreas Bergthaller (Funds), Senior Associate, Köln
Markus Alsdorf (Funds), Associate, Köln
Dr. Carl Sieger (Tax), Associate, Köln
Sylwia Luszczek (Legal Operations), Legal Project Manager, Berlin
About Heartfelt
Heartfelt is the new Berlin unit of the team of APX, a joint venture of Axel Springer and Porsche, which also invests in European start-ups across sectors as an early-stage investor. .
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Contact:
Benno Engelmann
T +49 172 2749 689 | E presse@ypog.law
Engelmann Advisory
engelmann-advisory.com
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
