06.06.17

BMH BRÄUTIGAM advises the Silicon Valley investor floodgate in the series-A II-financing round of the Berlin start-up Jodel

The Silicon Valley investor floodgate is investing a seven-digit amount as a new shareholder in the Berlin start-up Jodel, which got a double-digit million valuation in this financing round.

The Silicon Valley investor floodgate is investing a seven-digit amount as a new shareholder in the Berlin start-up Jodel, which got a double-digit million valuation in this financing round. From the previous investors Rubylight, SomeInvest, Atlantic Internet, Rockets Global Founders Capital, Rocket Internet Capital Partners and Kima Ventures participated in this financing round. Via the messenger app Jodel, which is particularly popular with students, users can send anonym short messages, which every person in the community can see within a radius of ten kilometres. With the newly acquired capital, the start-up in Berlin is pushing ahead with product development and its expansion into the European market. BMH BRÄUTIGAM advised floodgate as Local Counsel in collaboration with Silicon Legal Strategy. The mandate came via Silicon Legal Strategy by recommendation of Taylor Wessing, which were conflicted in this transaction because of the notarial activity of Roman Bärwaldt. BMH BRÄUTIGAM Team: Dr. Patrick Auerbach-Hohl, Katharina Erbe (beide Venture Capital)