POELLATH advises identity.vc on the launch of Europe's first LGBTQ+ venture capital fund
identity.vc successfully launched the first European LGBTQ+ venture capital fund with a target volume of EUR 50 million. The investment team includes Til Klein, a former BCG partner and FinTech founder, Jochen Beutgen, a family office investor with 20 years of experience in venture capital and Mari Luukkainen, a marketing expert and previously investor at Icebreaker.vc.
identity.vc primarily invests in LGBTQ+-led start-ups at founder or management level (C-level) across all sectors. The focus lies on young companies, from pre-seed to Series A, primarily in Europe, but also beyond. The social impact fund (Article 9 SFDR) has already made four investments, including Berlin-based start-up Frontnow which has developed an AI solution for online retailers and London-based start-up Omni, which provides vegan dog food.
POELLATH advised identity.vc on all contractual, regulatory and tax aspects of the fund structuring and contractual documentation with the following Berlin team:
- Dr. Philip Schwarz van Berk (partner, lead, private funds)
- Katharina Hammer (associate, private funds)
