GÖRG advised the Hamburg-based gaming start-up Drop GmbH, operating as Minit Games, on a USD 2 million pre-seed funding round. The round was led by London Venture Partners and the Sony Innovation Fund.

Minit Games is a Hamburg-based start-up developing a platform for so-called ‘instant-play’ games. The platform created by founders Mark Buchholz and Ole Schaper makes short HTML5 games immediately accessible and facilitates their discovery through a personalised, algorithm-driven feed. Minit Games positions itself as an open ecosystem through which developers can easily publish their games and place them directly within the feed. An AI-powered system then helps to distribute the games to the most relevant target audience.

The funding is to be used primarily to expand the team and accelerate the platform rollout. An early alpha launch with invitation-only access is planned as the first step.

The funding round was jointly led by London Venture Partners, a venture capital firm focusing on the international games sector, and the Sony Innovation Fund, the Sony Group’s corporate venture capital fund for technology-driven start-ups. In addition, several business angels participated in the round.

GÖRG provided Minit Games with comprehensive advice on all corporate and financing law matters during the funding round, led by Hamburg-based partner Prof Dr Stephan R. Göthel.

Prof Dr Stephan R. Göthel advises companies from a wide range of industries – from start-ups to market leaders – as well as investors in the areas of M&A, private equity, venture capital, and corporate law. He has extensive experience in national and international company acquisitions, joint ventures, corporate financing, and management and employee participation schemes.

Advisors Minit Games (Drop GmbH)

GÖRG Partnerschaft von Rechtsanwälten mbB
Prof Dr Stephan R. Göthel, LL.M. (Cornell) (Lead, Partner, Venture Capital, Hamburg)
Felix Schmidt (Senior Associate, Venture Capital, Hamburg)