Berlin-based APX Axel Springer Porsche has appointed Serbian lawyer Sonja Radovic as its Head of Legal.
APX is a joint venture between Axel Springer and Porsche. Since 2018, APX has invested in 50+ companies with founders from over 20 countries. APX is the successor of the Axel Springer Plug and Play Accelerator, which from 2013 to 2017 was the first investor in more than 100 startups, including fintech unicorn N26.
Radovic started her legal career as a legal intern with Schoenherr in Belgrade in August 2013, then that same year moved to Karanovic & Partners as an associate. In March 2018, she moved to Berlin to join APX's investment team.
"APX by Axel Springer and Porsche is the most ambitious early-stage venture capital investor based in Berlin – we are striving to enable founders to raise great rounds and create scalable tech businesses," Radovec commented. "The number of almost 70 portfolio companies in less than three years of work shows our ability to be agile and pragmatic and look beyond the conventional in search of great talent and amazing founders. Of course, this has always been supported by our shareholders and the broad networks which they bring together with a joint goal." She added, "my role has so far been focused on working with the founders on their businesses, managing the portfolio companies and representing APX in the follow-on financing rounds, from pre-seed to Series A. However, a growing portfolio of companies means a growing need for transaction-based work on financing. Having a background in corporate and M&A law and having graduated from a Master of Business and Law at Bucerius Law School, this role has been a great fit for my career growth. While I will continue working with the founders in a decreased capacity, I will fully take over heading and organizing the transactional and legal work at APX, and I am genuinely looking forward to the growing number of later-stage financing rounds that are coming our way."