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Photo: Prof. Dr. Stephan R. Göthel, LL.M., Partner at GÖRG in Hamburg (© GÖRG)

GÖRG Advises on the Structuring of the CODE Capital Venture Capital Fund

Photo: Prof. Dr. Stephan R. Göthel, LL.M., Part­ner at GÖRG in Hamburg (© GÖRG) 
9. Septem­ber 2026

Berlin — GÖRG advi­sed CODE Capi­tal on the legal design and struc­tu­ring of the inde­pen­dent early-stage fund. CODE Capi­tal was foun­ded by Stephan Scham­bach and Younes Ouaqasse. The fund is struc­tu­red as an inde­pen­dent invest­ment vehicle within the frame­work of the Berlin-based CODE Univer­sity of Applied Sciences. 

CODE Capi­tal is aiming for a fund size of 10 million euros and focu­ses on invest­ments in the early pre-seed phase. Initial invest­ments range from 50,000 to 100,000 euros. As a first-check inves­tor, the fund targets tech­­no­­logy-orien­­ted foun­ders from the CODE Univer­sity startup ecosys­tem who play a key role in shaping the tech­no­lo­gi­cal foun­da­tion of their compa­nies them­sel­ves. Key invest­ment areas include, in parti­cu­lar, AI soft­ware, tech­ni­cal infra­struc­ture, deep tech, and quan­­tum-secure encryption. 

An inde­pen­dent invest­ment commit­tee prepa­res the invest­ment decis­i­ons. Bright­point Capi­tal Invest GmbH has been manda­ted to manage the fund. Prof. Dr. Julia Köhn, profes­sor of entre­pre­neur­ship at CODE Univer­sity as well as a serial entre­pre­neur and inves­tor, mana­ges the fund as gene­ral partner. 

CODE Univer­sity of Applied Scien­ces is a private univer­sity specia­li­zing in compu­ter science, data science, and cyber­se­cu­rity. It serves as the fund’s entre­pre­neu­rial hub and has an exten­sive network of students, alumni, and startup teams. 

A GÖRG team led by Hamburg-based part­ner Prof. Dr. Stephan R. Göthel advi­sed CODE Capi­tal on legal struc­tu­ring and tax matters.

Advi­sors to CODE Capi­tal Vintage 2026 GmbH & Co. KG: GÖRG Part­ner­ship of Attor­neys mbB
Prof. Dr. Stephan R. Göthel, LL.M. (Cornell) (Lead Advi­sor, Part­ner, Corpo­rate Law/Venture Capi­tal, Hamburg)
Dr. Adal­bert Rödding, LL.M. (Part­ner, Tax, Cologne)
Dr. Holger Dann, LL.M. (Coun­sel, Tax, Cologne)
Felix Schmidt (Senior Asso­ciate, Corpo­rate Law/Venture Capi­tal, Hamburg)

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