Schnittker Möllmann Partners has advised the investors e.ventures und Greycroft and a new investor in the current financing round of Deposit Solutions.
Around 300 guests accepted the invitation to our grand opening on November 9, where the focus was on ICOs and crypto currencies.
SMP has advised the renowned US-Israeli private equity and venture capital fund Battery Ventures in connection with the series D financing round of the online travel platform GetYourGuide with a total volume of $75 million.
Germany has a favorable tax regime for corporate investors such as VCs investing via a corporation. Capital gains derived from an exit of shares in a corporation are usually tax-exempted in Germany.
SMP advised insurance start-up Coya on its $10 million financing round. Alongside the US investor Valar Ventures, further VC investors and a series of well-known business angels are funding the company.
Even though portfolio companies usually reinvest their profits in future growth, occasionally dividends are distributed to corporate investors. Such dividends are generally exempted from corporate income tax (CIT) in Germany.