YPOG

YPOG recently advised Aignostics, a leading global artificial intelligence (AI) company, on its latest $34 million Series B financing round. The round was led by Athos Partners, with investments from the Mayo Clinic and growth financing from HTGF | High-Tech Gründerfonds. It also received investments from existing investors including Wellington Partners, Boehringer Ingelheim Venture Fund, CARMA FUND Management GmbH, and the VC Fonds Technologie managed by IBB Ventures.   Following the closing of the latest financing round, Aignostics plans to expand its product line for biopharmaceutical clients, drive growth in the U.S market, and collaborate with Mayo Clinic to develop pioneering foundation models for pathology. The new funding will enhance Aignostics’ capabilities in target identification, translational research, and companion diagnostics (CDx), while also backing various strategic initiatives.   In September 2022, the YPOG team already advised Aignostics on its Series A financing round.   We extend our congratulations to our client, the stellar Aignostics team, and all participating parties!   The YPOG team was led by Martin Schaper and included Jonas von Kalben, Anja Schindler, Benedikt Kreuder, LL.M. (Berkeley), and Dr. Jacob Schreiber.   Find the link to the press release in the comments below.   #PartnersOfGamechangers #Transactions #VentureCapital

🚀 Exciting Announcement!     We're thrilled to unveil our brand-new talk series: "Family Offices Talk" ­– ­a deep dive into our practice on family offices. In this series, we offer exclusive insights into our work and engage in discussions with true experts in the field. We're looking to gain a better understanding of the various tasks and challenges that family offices face. Every two weeks, we will release a new episode in this four-part series.     💡In the first episode, YPOG partners Dr. Lilly Fiedler and Florian Oppel will talk to Dr. Henning Schröer (fidubonum GmbH & Co. KG) about the fundamental strategic issues involved in structuring family offices as well as the challenges associated with increasing and securing family wealth.    🔗The first episode is now online! The website link is in the comments below.  #FamilyOffices #WealthManagement #YPOG 

YPOG advised Armira on its joint venture with Viessmann to acquire a minority stake in PharOS, a leading pharmaceutical company specializing in advanced medical therapies. This joint venture allows Armira and Viessmann to leverage their expertise in the healthcare sector and sustainable solutions, while supporting PharOS in scaling its cutting-edge pharmaceutical innovations. In the past, the YPOG team has advised Armira on various occasions, including the structuring and fundraising of its flagship funds, and further bespoke transactions. Congratulations to our client and all parties involved! The YPOG team was led by Stephan Bank and Helder Schnittker and included Jens Kretzschmann, Lennart Lorenz, Stefan Richter, Niklas Ulrich, as well as Michael Blank, Andreas Bergthaller, Robert Schramm, Dr. Wolfram Dickersbach, Nicolas Fischer, and Johannes Gehring. Link to press release in the comments below. #PartnersOfGamechangers #Transactions #Funds

Are you a SaaS company navigating the complexities of the Digital Services Act (DSA)? 🚀 Check out our latest YPOG Briefing, "The Digital Services Act: Answers to 10 Questions that SaaS Companies Should Be Asking Themselves Now." It's here to help!   The DSA aims to establish a harmonized EU legal framework that ensures a safe, predictable, and trusted online environment. It promotes electronic commerce, sets up uniform rules, and regulates intermediaries and platforms to address specific and systemic risks in the digital economy. SaaS companies need to consider their obligations related to handling illegal content, implementing internal notice and control mechanisms, and maintaining transparency towards users when designing services, drafting user agreements, and interacting with users. Discover how the DSA impacts your business and learn how to mitigate liability risks in our briefing. It's linked in the comments below. Please feel free to reach out to Florian Wittner and Dr. Lutz Schreiber for any queries or insights. #Briefing #Insights #DigitalServiceAct

German AIFMD 2.0 Implementation: Key Updates for Fund Managers   The government draft of the Fund Market Strengthening Act (Fondsmarktstärkungsgesetz) to implement AIFMD 2.0 was published on October 11, 2024, bringing significant changes to the regulatory landscape for both fully licensed and subthreshold AIFM. The draft bill includes several amendments to the German Investment Code.    Key highlights: 🔍 Loan Origination by AIF: Comprehensive changes are proposed for loan origination by AIF, focusing on risk management requirements and restrictions. A new category of "loan-originating AIF" will be subject to stricter regulations. 🔍 Delegation: Fund managers will face new compliance and reporting requirements, with the commissioning of placement agents potentially coming under the delegation rules. 🔍 Ancillary Activities: The range of ancillary services permitted for fully licensed AIFM will be significantly expanded to include all functions or activities they already perform for the AIF they manage. As things stand, this expansion does not apply to sub-threshold AIFM. 🔍 Reporting Obligations: Both fully licensed and sub-threshold AIFM will need to comply with increased reporting requirements. 🔍 Audit Obligation for EuVECA Managers: EuVECA managers will be subject to an audit obligation, regardless of any KAGB registration. 🔍 Marketing Restrictions for Third Country AIF and AIFM: New restrictions will apply when marketing third country AIF to German investors, particularly regarding the qualification of the respective third country. The necessity of an agreement with Germany that fully complies with Art. 26 of the OECD Model Tax Convention could result in restrictions for common fund jurisdictions.   Explore the full details and other relevant changes in our briefing linked in the comments below. Feel free to reach out to Niklas Ulrich and Lennart Lorenz for any queries or insights. #Briefing #Funds #AIFMD

👉 Attention Fund Managers and Investors! Join us for a special edition of YPOG's Tax Talk Livestream on October 29, 2024, where we dive into an interesting Fund Special: "No Capitalization of Management Fees in PE/VC Funds". In two focused sessions, we’ll cover the practical implications of Section 6e German Income Tax Act for Private Equity and Venture Capital funds: ✅ Session 1: Scope of Section 6e German Income Tax Act (11:00 - 11:45 AM) ✅ Session 2: Action Required – Legal Remedies (2:00 - 2:45 PM) Featuring expert speakers: Tammo Lüken, Dr. Isabella Denninger, Michael Wendt, and Andreas Kortendick.   This Fund Special is a MUST ATTEND for every fund manager and fund investor - especially for every CFO in the market…   👉 Registration links are in the comments! #Tax #Funds #TaxTalk #Livestream

💫 Are you a rising talent in tax and law?  Join us on November 28, 2024, for a unique wYne tasting event at our panoramic bar in Hamburg. Connect with our YPOGees, discover their favourite wines and stories, and explore potential career opportunities within our teams. 🍷 Please register using the link below:   https://lnkd.in/d42nUiYa Let's uncork potential together! #partnersofgamechangers #recruiting #hamburg  

Over the past few weeks, YPOG has advised on several transactions within the dynamic start-up ecosystem. Among others, we were able to work with the following investors and companies:   🔷 Green Generation Fund 🔷 forward.earth 🔷 FORWARD.one 🔷 Partech 🔷 EquityPitcher Ventures 🔷 adesso ventures 🔷 Headline 🔷 42CAP 🔷 Comet Rocks   Congratulations to all our clients and other parties involved!   ➡For the latest transactions check out our regular Deal Update linked below and stay tuned for further interesting news. #PartnersOfGamechangers #DealUpdate #Growth

We are thrilled to announce that YPOG has marked its presence in Munich with the opening of our fourth office, further reinforcing our commitment to southern Germany. Opening our Munich branch is a significant milestone in our strategic growth journey and we are immensely proud of the incredible YPOG team we have on site: Dr. Carolin Raspé, Cyra Dittberner, Florian Bacher, Dr. Isabella Denninger, Dr. Julian Solowjeff, Leonie Engeln, Ninetta Kleindienst, Dr. Jacob Schreiber, Maximilian Trappmann and Miran Papic. Expect exciting news soon as more top-tier tax professionals are set to join our ranks! Find us at the heart of Munich, Oberanger 28. For more information, check out the press release in the comments below. #PartnersOfGamechangers #Munich #Growth

We're thrilled to team up with PROUT AT WORK-Foundation to explore the current working conditions for queer individuals. We'll examine how queer networks can be made more professional, the role of D&I work, the coming out process, and queer KPIs - always with a focus on legal and consulting-specific aspects. Join us for an insightful discussion. We look forward to seeing you there!