October 18, 2019 Press

SMP advises on
Series A financing round of Apiax

Berlin – Schnittker Möllmann Partners (SMP) advised the global venture-capital firm on its investment in the Swiss RegTech company Apiax. Besides the new investors and XAnge, participants in the financing round with a total volume of EUR 6.6 million included current investors such as Peter Kurer, DIVentures, Zurich Cantonal Bank, and Tugboat. Apiax says that it is planning to use the fresh capital to press ahead with its plans for global growth, to invest in product development, and to expand its interdisciplinary team. Once again, received comprehensive legal advice from a team led by SMP partner Stephan Bank, who regularly advises on investments in European portfolio companies and on structuring the European fund generations.

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Frederic Sobottka
Marketing Manager, Berlin Office