Berlin – SMP advised education investor Emerge Education on its investment in EdTech startup Tomorrow's Education. It was the first time that the VC from the UK invested in a German company through its new fund generation. In the course of Tomorrow's Education's financing round, Emerge Education acted as lead investor and received legal advice from SMP partners Frederik Gärtner and Martin Schaper together with Jonas Huth.
"With its state-of-the-art concept including AI technology, Tomorrow's Education is leading the way to an even more modern and flexible type of academic education and is thus creating a new form of knowledge transfer. We are very pleased that we were able to advise Emerge Education on this transaction", says Frederik Gärtner.
Emerge Education is one of the leading European investors in the education sector. The London-based venture capitalist primarily invests in connection with pre-seed and seed financing rounds of early-stage EdTech startups. In addition to providing capital, Emerge Education offers its portfolio companies access to investors, strategic partners, and a network of key education and industry decision makers. The venture capitalist's portfolio companies include Engageli, Aula, Lingumi, FourthRev, Crehana and Eduflow.
Tomorrow's Education is a digital learning platform based in Berlin. Together with the Vienna University of Economics and Business Administration, the company has developed an accredited part-time master's program that is optimized for mobile use and thus adapted to the needs of its target group. In addition, Tomorrow's Education focuses on teaching content in comparatively short sequences and practical and problem-oriented challenges or competitions from the entrepreneurial environment. Artificial intelligence ensures progressive personalization of the learning environment. Tomorrow's Education was founded in 2020 by former N26 CTO and founder of the health app Vivy, Christian Rebernik, and education expert Thomas Funke. The company currently employs approximately 15 members of staff.
SMP is a boutique law firm for tax and business law which is active in the core fields of Tax, Funds, Corporate, Litigation and Transactions. The attorneys and tax specialists at SMP represent a broad client base, which ranges from emerging technology companies and family-run SMEs to large corporations as well as private equity and venture capital funds. Founded in 2017, SMP has become one of the leading players for venture capital, private equity and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus and Chambers and Partners. Today, SMP has more than 60 experienced lawyers and tax specialists in three Offices in Berlin, Hamburg and Cologne.