Yokoy raises USD 26 million in series A financing round
26 October 2021 – Yokoy Group AG raised USD 26 million in a series A financing round, led by US investor Left Lane Capital, with participation from European investor Balderton Capital as well as certain existing investors such as Swisscom and SIX FinTech Ventures. Yokoy, founded in 2019, has developed an AI-based all-in-one global spend management platform, suited to the unique needs of midsize and large companies. Yokoy is looking to use the funds raised to expand globally and further enhance its product.
Walder Wyss advised Yokoy on all legal aspects of the transaction. The team was co-led by Rafael Zemp and André Kuhn (both Managing Associates, Corporate/M&A) and further included Timon Nydegger (Associate, Corporate/M&A), Maurus Winzap (Partner, Tax) and Marius Denoth (Trainee Lawyer, Corporate/M&A).