Advising Rubylight Venture Fund on Venture Financing of The Jodel Venture GmbH
A team led by Dr. Jörg Schewe, Partner at the Hamburg office of business law firm Heuking Kühn Lüer Wojtek, advised Rubylight Venture Fund comprehensively on investing in Berlin-based Start-up The Jodel Venture GmbH. Rubylight led the funding round at Jodel, which was completed just before the end of 2015. In addition to Rubylight, Swiss VC house Redalpine also participated in the funding.
This is the third funding round for The Jodel Venture GmbH. The first round was led by Global Founders Capital, Atlantic Labs, and an unnamed technology fund. VC Tenderloin Ventures was the lead investor in the second funding round.
Rubylight Venture Fund, headquartered in Riga (Latvia), is a fund specializing in funding fast-growing Internet and mobile startups. The company was established in 2010 and currently has 21 employees.
The Jodel Venture GmbH is a German Start-up offering the Jodel app for iOS and Android. The app is used as "Anonymous Campus Talk" by students at universities and colleges in Europe.
Heuking Kühn Lüer Wojtek advised Rubylight Venture Fund in cooperation with Estonian law firm COBALT, Tallinn, and advised on the German part of the funding (including due diligence and structuring).
Counsel to Rubylight Venture Fund
Heuking Kühn Lüer Wojtek:
Dr. Jörg Schewe, (Private Equity / Venture Capital, Lead), Hamburg,
Dr. Jörg aus der Fünten (Venture Capital),
Dominik Eickemeier (IP), both Cologne,
Christoph Prochnau (Corporate), Hamburg,
Dr. Lutz Martin Keppeler (IP), Cologne
Christoph Pies (Corporate), Berlin