Stuttgart/ Berlin — SMP advi­sed the inter­na­tio­nal growth inves­tor Acton Capi­tal Part­ners (Acton Capi­tal) on its invest­ment in the digi­tal indus­trial market­place Laser­hub. In addi­tion, exis­ting inves­tors Project A and Point Nine Capi­tal also parti­ci­pa­ted in the Series A finan­cing round, which was led by Acton Capi­tal as lead inves­tor. Laser­hub alre­ady successfully raised a seven-figure sum last summer; at the time, SMP had acted along­side Project A.

So far, Laser­hub is repre­sen­ted with its offer on the markets in Germany, Austria and France. The company now plans to use the fresh capi­tal to drive its expan­sion across Europe. 
Fritz Oidt­mann (photo)
, Mana­ging Part­ner at Acton Capi­tal: “With its sustainable busi­ness model, Laser­hub will be one of the pioneers of digi­tal trans­for­ma­tion in the manu­fac­tu­ring industry.”

Acton Capi­tal recei­ved compre­hen­sive legal advice from a team led by SMP part­ner Benja­min Ullrich. SMP has alre­ady supported the growth inves­tor in the course of various invest­ments in the past — most recently with its invest­ments in Lemo­neOne, expert­lead and The Female Company.

About Laser­hub
Laser­hub is a B2B startup based in Stutt­gart, Germany, that has deve­lo­ped a verti­cally inte­gra­ted, multi-vendor procu­re­ment plat­form for custom metal parts. The smart algo­rithm links the indi­vi­dual wishes of the custo­mer with the resour­ces of the produ­cers from the Laser­hub network for the order. This redu­ces both process and parts costs for procu­rers, as well as orde­ring and proces­sing times. The advan­tage for produ­cers is the utiliza­tion of free manu­fac­tu­ring resour­ces, which leads to an increase in profi­ta­bi­lity. Laser­hub acts as the sole contrac­tual part­ner for all parties invol­ved and is respon­si­ble for the entire process: from auto­ma­tic quota­tion gene­ra­tion to order place­ment, imple­men­ta­tion, logi­stics and invoi­cing. The company was foun­ded in 2017 by Adrian Raidt, Chris­toph Rößner and Jonas Schweizer.

Acton Capi­tal
Acton Capi­tal Part­ners is an inter­na­tio­nal growth inves­tor based in Munich. Since 1999, the Acton team has inves­ted in consu­mer Inter­net compa­nies in Europe and North America. The main areas of invest­ment are SaaS, re/e‑commerce, Future of Work, mobi­lity, health­care and FinTech. Acton Capital’s active port­fo­lio compa­nies include Home­ToGo, Cluno, Expert­Lead and Zenjob. To date, the team has inves­ted more than €600 million in appro­xi­m­ately 90 compa­nies over five fund generations.

Project A
Project A is an inter­na­tio­nal venture capi­tal firm. The early-stage inves­tor and opera­ting VC in the field of digi­tal tech­no­lo­gies is head­quar­te­red in Berlin. The company was foun­ded in 2012. The port­fo­lio includes compa­nies such as Cata­wiki, World­Re­mit, Home­day, Spry­ker, KRY, senn­der, Voi and Trade Republic.

About SMP
SMP is a specia­list tax and commer­cial law firm opera­ting in the core areas of corpo­rate, funds, liti­ga­tion, tax and tran­sac­tions. SMP attor­neys and tax advi­sors repre­sent a wide variety of clients. These include emer­ging tech­no­logy compa­nies and family-owned mid-sized compa­nies as well as corpo­ra­ti­ons and private equity/venture capi­tal funds. Since its foun­da­tion in 2017, SMP has become one of the leading addres­ses for venture capi­tal, private equity and fund struc­tu­ring in Germany. Today, SMP employs over 50 expe­ri­en­ced lawy­ers and tax advi­sors in three offices in Berlin, Hamburg and Colo­gne. www.smp.law

Advi­sor Acton Capi­tal: SMP
Dr. Benja­min Ullrich (Lead/Corporate Law), Partner
Dr. Adrian Haase (Corpo­rate Law), Senior Associate