October 15, 2019 Press

SMP advises Project A on
Casavo's Series B financing round

Berlin – Schnittker Möllmann Partners (SMP) advised Project A Ventures (Project A) on the latest investment in the Italian proptech company Casavo. In addition to U.S. lead investor Greenoaks, Project A and other existing investors participated in the Series B financing round with a total volume of 50 million euros, divided into 20 million equity and 30 million debt. The company says, it is planning to use the fresh capital to further expand its technology platform and its expansion into new markets. Project A received comprehensive legal advice from a team led by SMP partners Frederik Gärtner and Peter Möllmann. In spring 2019, this team had already advised Project A on Casavo's Series A financing round. Further, SMP supported Project A on the launch of all predecessor funds and has also been acting as advisor to the seed investor on investments and exits.

Download PDF