Berlin – A YPOG Team led by Stephan Bank provided comprehensive legal, regulatory and tax advice to Berlin-based venture capital investor PropTech1 Ventures on the structuring of its second flagship fund generation. The new fund PT1 Early-Stage Fund II is targeting a total volume of €100 million, reaching its first closing at €44 million including recognized investors such as Helaba, Commerz Real and Scout24.
PropTech1 Ventures (PT1) is the venture capital platform for PropTech, ConstructionTech, UrbanTech and real estate-related investments in Europe. Since early 2018, PT1 has developed to a major player connecting digital industries with the real estate sector. Its strong investor base, special expertise and diverse team give PT1 a unique and advantageous position in a competitive and dynamic environment.
With the first closing of the second-generation flagship fund, PT1 and YPOG (formerly SMP) continue their long-standing collaboration, as the team around Stephan Bank already provided legal advice on all aspects of the structuring of PT1’s previous fund generation.
“We are proud to continue providing full legal support to our long-term client PropTech1 Ventures. With its new generation of funds, PT1 proves that it has evolved to one of the key players in its focus industry. As housing has become a pressing economic and social issue, innovative business models in the real estate sector are in greater demand than ever. This puts PT1 in an excellent position”, says YPOG partner Stephan Bank.
Advisors PropTech1 Ventures:
Dr. Stephan Bank (Lead, Structuring), Partner
Dr. Helder Schnittker (Tax), Partner
Dr. Niklas Ulrich (Regulatory), Senior Associate
Dr. Michael Filipowicz (Structuring), Senior Associate
Axel Zirn (Structuring), Associate
Dr. Dajo Sanning (Tax), Associate
About PropTech1 Ventures
PropTech1 Ventures is a Berlin-based venture capital platform focused on investing in PropTech, ConstructionTech and UrbanTech in Europe. PT1 drives and benefits from megatrends in the real estate industry such as digitalization, method modernization and sustainability/ESG. Since early 2018, PT1 counts well-known real estate companies, banks and serial entrepreneurs from Europe and North America among its investors. PT1 continues to grow and recently opened a new office in London. With a diverse team of venture capitalists, real estate experts and entrepreneurs from the digital sector, PT1 is highly specialized and occupies a unique market position. PT1 has a permanent presence in DACH, the UK, France, the Nordics and the Benelux countries.
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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.
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