Berlin – Schnittker Möllmann Partners (SMP) recently advised early-stage investor 42CAP on four investments in start-ups across Europe. 42CAP invested in the design tool Phase as well as in the quality management platform Zyp.one. In addition, the early-stage investor acquired shares in the supply chain management tool Flowlity based in Paris and the electronics company Frenetic based in Madrid. 42CAP received comprehensive legal advice from an SMP team during the financing rounds. SMP partner Frederik Gärtner took the lead. In the summer of 2019, an SMP team led by Jens Kretzschmann had already provided legal and tax advice on the structuring of the second 42CAP venture capital fund.