Berlin – Schnittker Möllmann Partners (SMP) advised PropTech1 Ventures on the formation of Germany's first venture capital fund focusing on European proptech startups. According to PropTech1 Ventures, the majority of its investors are experts from the real estate industry and the startup sector offering its portfolio companies strategic advantages which go beyond customary venture capital expertise and support, such as access to a broad customer base and real estate portfolio. A team led by SMP partner Stephan Bank provided comprehensive legal, regulatory and tax advice to PropTech1 Ventures.

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