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YPOG advises Lufthansa Group on cargo.one’s EUR 20 million funding round

YPOG advised Lufthansa Group in connection with the EUR 20 million financing round of digital air cargo booking platform operator cargo.one, in its role as an existing investor. The round was led by U.S. investor Bessemer Venture Partners, with participation from additional technology investors. The Lufthansa Group is among the early strategic partners and investors of cargo.one and has supported the company for several years.  

cargo.one is one of the leading platforms for the digital booking of air freight capacity, connecting airlines, freight forwarders, and other logistics providers through an intuitive, technology‑driven solution. With this transaction, the Lufthansa Group continues to strengthen its long‑standing strategic partnership with cargo.one and further advances the digitalization of its cargo operations..  

Team

Dr. Johannes Janning (Lead, Transactions), Partner, Cologne  
Janic Salcedas (Transactions), Associate, Cologne

 

About Lufthansa Group

The Lufthansa Group is a global aviation group with a broad portfolio of passenger airlines and air cargo services. Through its cargo division, Lufthansa Cargo, the Group offers its customers a global network of cargo routes and has been focusing for years on digitizing key processes throughout the supply chain. 

 

 

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