SMP
September 08, 2020 Press

SMP advises German-Austrian FinTech Bambus.io on its latest financing round

Berlin - SMP has advised the Berlin Fintech Bambus.io on its latest financing round. Leadinvestor was Calm/Storm Ventures, a new fund initiated by Lucas Polagnoli and Michael Ströck. In addition to Calm/Storm Ventures, business angels and existing investors invested in the Fintech company specialized on real estate lending. Bambus.io was comprehensively advised on corporate and regulatory matters by a team led by SMP partners Benjamin Ullrich and Lennart Lorenz.

"Bambus.io helps real estate owners to increase their liquidity and outlining different capital procurement alternatives as well as conditions of more than 400 banks", SMP partner Benjamin Ullrich explains. "It was fantastic to be able to advise the team on both corporate and regulatory law - the transaction is not only exemplary for our close relations to Austria, but also shows the success of our integrated approach of corporate and regulatory advice".

Bambus.io
Bambus.io is a Berlin-based Fintech with an additional office in Vienna. The company specializing in real estate lending was founded by Patrick Wollner and Franz Hoerhager in 2018.

About SMP
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 50 experienced lawyers and tax specialists in three Offices in Berlin, Hamburg and Cologne.

Advisors Bambus.io: SMP
Dr. Benjamin Ullrich (Lead, Transactions), Partner
Dr. Adrian Haase (Transactions), Senior Associate
Lennart Lorenz (Regulatory Law), Partner
Niklas Ulrich (Regulatory Law), Senior Associate

Advisor Bambus.io: Brandl & Talos (Austrian Law)
MMag. Roman Rericha (Transactions), Partner