Berlin, January 2, 2024 – YPOG advised venture capital investor Partech on the €95 million Series E
financing round of Urban Sports Club. The financing was led by growth investment firm Verdane.
Existing investors who also participated in this round include VC firm HV Capital, b2venture and
ProSiebenSat1.
Urban Sports Club was founded in 2012 by Benjamin Roth and Moritz Kreppel and has developed into one of Europe's leading providers of sports and wellness services. Based in Berlin, the company offers its members access to sports and wellness activities at over 11,000 different locations.
The new capital will allow the sports start-up to focus more on its international expansion. Outside of Germany, the company is active in the Netherlands, France, Belgium, Spain and Portugal. Urban Sports Club is now planning to offer its B2B business in Austria soon.
The team around Tim Schlösser has already advised Partech in the past, e.g. on its initial investment in Urban Sports Club and subsequent financing rounds, as well as the €38 million financing round of
elopage.
Team
Dr. Tim Schlösser (Lead, Transactions), Partner, Berlin
Barbara Hasse (Transactions), Associate, Berlin
About Partech
Partech is a global investment firm with offices in San Francisco, Paris, Berlin and Dakar. Partech brings together capital, operational experience and strategic support for entrepreneurs at the seed, venture and growth stages across multiple continents and has over $1.5 billion in assets under management.
Investments range from $200,000 to $50 million across a broad spectrum of technologies and
businesses from software, digital brands and services to hardware and deep tech in all major industries. Partech-backed companies have completed more than 20 IPOs and more than 50 strategic exits totaling more than $100 million.
About us
YPOG is a law firm specialized in tax and business law, active in the core fields of Funds, Tax, Banking + Finance, and Transactions. The team at YPOG represents a broad client base, which ranges from emerging technology companies and family-run SMEs to large corporations, as well as private equity, and venture capital funds. YPOG is one of the leading advisors for venture capital, private equity, and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus, Chambers and Partners as well as Leaders League. Today, YPOG has more than 120 experienced lawyers and tax specialists and a notary, in three offices, located in Berlin, Hamburg, and Cologne.
