Berlin – SMP's Frederik Gärtner, Martin Schaper and Konstantin Häfner have advised early-stage investor and operational VC Project A on its investment in the learning platform Knowunity during its seed financing round. Alongside Project A who acted as lead investor, renowned business angels such as Verena Pausder, Mario Götze and Discovery Ventures participated. In September 2020, the young founders of Knowunity launched the EdTech platform that delivers learning content from high school students to high school students. Using the app, students can choose how to learn, when to learn and from whom to learn. With more than 700,000 downloads within only a few months, Knowunity evolved already into one of Germany's fastest-growing education apps. Through the financing and partnership with Project A, the startup plans to further develop the platform and increase its growth.
"Due to current circumstances, e-learning is still the only way for most students to properly prepare for exams. Although there are virtual classrooms offered by schools or great learning channels hosted by teachers on YouTube, learning from peers is a great additional opportunity," says SMP Associated Partner Frederik Gärtner.
More information can be found in German here.
Project A is an operational VC that provides capital, network, and exclusive access to a wide range of operational expertise. The Berlin-based investor with $500 M assets under management backs early-stage companies in the digital technology space.
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.