Schnittker Möllmann Partners (SMP) advised the garage portal Caroobi on its latest financing round. The Series B financing round had a total volume of USD 20 million. It was led by Nokia Growth Partners. BMW iVentures, DN Capital and Cherry Ventures also participated in the financing again. Target Global also acquired a stake in the Berlin-based company.
Schnittker Möllmann Partners (SMP) advised the Berlin-based Insurtech start-up Coya on another financing round. The financing round was again led by Valar and has a total volume of 25 million euros. In addition to Valar, the existing investors e.ventures and LaFamiglia also increased their investment in the Insurtech start-up. The tech investor yabeo also participated in this financing round, along with other well-known investors.
Schnittker Möllmann Partners (SMP) advised Creandum on its investment in Berlin-based FinTech start-up Billie. In the aggregate, the series A financing round led by Creandum has a volume of 10 million Euro. The existing investors Rocket Internet, Speedinvest, Avala Capital and Picus Capital also invested in the course of the financing round.
Schnittker Möllmann Partners (SMP) advised Vorwerk Direct Selling Ventures GmbH on the sale of its HelloFresh share package. As part of the transaction, all Vorwerk shares in the Berlin-based cookbox mail-order company were sold. The shares sold had a total market value of approximately 68 million euros.
Schnitter Möllmann Partners advises tausendkind, the baby article shop, in relation to its venture debt and equity financing round in the total amount of 15 million Euros.
SMP has advised Munich-based robotics startup on the US$ 24.9 million financing round. The round was led by Körber Group.
SMP has advised online learning platform sofatutor.com on its most recent financing round led by scale-up stage investor Frog Capital.
SMP advised Project A on the US$ 22 million financing round of Spryker, a leader in beyond-desktop commerce technology. The financing round was led by One Peak Partners.