Vsquared Ventures raises €165 million for second early-stage fund
Munich/ Berlin — Deep tech-focused venture capitalist Vsquared Ventures has raised €165 million for its new early stage fund, which will continue to invest in European startups in the deep tech space. “We strongly believe that the European deep tech industry will outperform other regions in the coming years,” said Benedikt von Schoeler, General Partner at Vsquared. That’s why the Munich-based VC firm, founded in 2016, will continue to invest in European startups in the deep tech space, he said.
A YPOG team led by Jens Kretzschmann advised Munich-based venture capital investor Vsquared Ventures on the structuring of its second early-stage fund. Established LPs such as the European Investment Fund as well as renowned family offices and entrepreneurs participated in the closing.
With the new fund, Vsquared will invest primarily in early stage founders and startups from the deep tech sector. Since launching its first Vsquared fund in 2020, the company has built a portfolio of more than 30 companies, including startups such as rocket manufacturer Isar Aerospace, quantum computing developer IQM and high-performance battery specialist Customcells, as well as Zama, which provides AI-driven encryption to increase online privacy.
The venture capital investor’s focus is on promoting Europe’s strengths — the strong talent pool in the deep tech sector and industrial know-how.
Deep Tech is increasingly perceived as an effective solution to the challenges and crises of our time, for which Europe can take a global leadership role in the future. The fund will support startups from the outset to drive the development and scaling of ideas that will cement and strengthen Europe’s reputation in deep tech.
Investor Lise Rechsteiner becomes general partner of the Vsquared team. — She comes with experience from her professional positions at Rocket Internet, Bauer Venture Partners and Nordic Impact. She also co-founded the deep tech fund Propagator Ventures.
About Vsquared Ventures
Vsquared Ventures is a technology-focused early-stage investor based in Munich. Supported by pioneering entrepreneurs and technology industry experts, they are creating a strengthening ecosystem to provide interdisciplinary knowledge and access to those who are inventing the future, and to collectively take their companies to the next level of development. Areas of focus include New Space, Quantum Computing, New Materials, AI, Robotics and Enterprise SaaS. https://vsquared.vc
Advisor VSquared Ventures: YPOG
Jens Kretzschmann (Lead, Structuring), Partner
Dr. Helder Schnittker (Tax), Partner
Dr. Sebastian Schödel (Corporate), Associated Partner
Michael Blank (Structuring), Associate
Dr. Friedrich Wöhlecke (Tax, Structuring), Associate
Stefanie Nagel (Regulatory), Associate
Sylwia Luszczek (Investor Onboarding), Legal Project Manager
Ricardo Pfaff (Investor Onboarding), Foreign Lawyer
YPOG is a specialist tax and commercial law firm operating in the core areas of Funds, Tax and Transactions. The YPOG team advises a wide variety of clients. These include
emerging technology companies and family-run medium-sized enterprises as well as corporate groups and private equity/venture capital funds. YPOG is one of the leading addresses for venture capital, private equity and fund structuring in Germany.
The firm and its partners are nationally and internationally ranked by JUVE, Best Lawyers, Legal 500, Focus, and Chambers and Partners. Today, YPOG employs more than 100 experienced lawyers, tax advisors, tax specialists and a notary.
in three offices in Berlin, Hamburg and Cologne.