Cresco • News

InvestSuite in Series A investment round

Cresco has assisted InvestSuite, an international B2B WealthTech company, in the design, negotiation and closing of its…

Borit and it shareholders in Weifu acquisition

Cresco acted as lead counsel to Borit and its shareholders in the preparation, negotiation and closing of the strategic…

Btov in Sensolus Series B Round

Cresco acted as lead counsel to Btov on its investment in Sensolus. Btov is a European venture capital firm, managing a…

Formation of SmartFin Ventures II

Cresco advised the general partner of the SmartFin funds in the structuring, formation and fundraising of its newest ea…

Formation of Volta Ventures II

Cresco advised the general partner of the Volta Ventures Funds in the structuring, formation and fundraising of its new…

Piesync and its shareholders in Hubspot transaction

Cresco acted as lead counsel to PieSync and its shareholders in the preparation, negotiation and closing of the strateg…

Projective in Exellys acquisition

Cresco acted as lead counsel to Projective in the preparation, negotiation and closing of the strategic acquisition of …

Twikit in Investment Rounds and Strategic Alliances

Twikit developed its proprietary software which creates the bridge between the user experience of customization and dig…

Techwolf in Seed Round and Commercial Matters

TechWolf aims to give HR teams the tools required to take on new and complex challenges, so their strategies benefit th…

Qustomdot in Formation and Series A Round

QustomDot, a Ugent spin-off, is a pioneer in the development of environmentally friendly quantum dots, which are innova…

Micledi in Formation and Series A Round

Cresco acted as lead counsel in the formation of Micledi and its subsequent €4.5M+ Seed Investment round, led by imec.x…

Droia in Formation and Funding of Montis Biosciences

Cresco assisted Droia Oncology Ventures in its pre-seed investment in Montis, a biotech startup developing an immunothe…

Skipr in Belfius and Lab Box Series A round

Cresco acted as lead counsel to Skipr in the structuring and negotiation of its Series A round.Belgian mobility-as-a-se…

Pharrowtech in €6M+ Seed Investment Round

Cresco acted as lead counsel in the formation of Pharrowtech and its subsequent €6M+ Seed Investment round with imec.xp…

Pulsify Medical in Formation and Seed Investment Round

Cresco acted as lead counsel in the formation of Pulsify and its subsequent €2.6M+ Seed Investment round, led by imec.x…

Qover in €8M Series B Round

Cresco acted as lead counsel to Qover, the preferred insurance partner for digital businesses, in its EUR 8M Series B f…

Fibricheck in Samsung app acceleration agreement

Cresco assisted Fibricheck in the negotiation of its app acceleration agreement with Samsung Electronics for integratio…

FibriCheck in Fitbit partnership agreement

Cresco assisted Fibricheck in the negotiation of its partnership with Fitbit for integration of the FibriCheck app in F…

Formation of mobility ecosystem Co.mobility

Cresco acted as lead counsel to Co.station in the structuring and formation of the Co.mobility Ecosystem.The ecosystem …

Formation of food ecosystem Co.food

Cresco acted as lead counsel to Co.station in the structuring and formation of the Co.food Ecosystem.The ecosystem is o…

Formation of biotech incubation funds Novalis and Novalis II

Cresco advised the general partner of the Novalis funds in the structuring, formation and fundraising of Novalis and No…

Cresco Partner and Senior Associate Promotions

Partner promotion — Olivier Van RaemdonckCresco, a premier Belgian law firm for entrepreneurs, companies and investors, is pleased to announce the appointment of Olivier Van Raemdonck, as partner, effective from 1 January 2021. The promotion strengthens the firm’s Corporate & Technology Group. Olivier has been with the firm for more than 5 yea…

Cumul.io in investment round

The funding round was led by Axeleo Capital, LRM and Smartfin Ventures.Cumul.io is a software company specialized in da…

Dovesco in Netflow and Accel acquisitions

Cresco acted as lead counsel to Dovesco in the preparation, negotiation and closing of the strategic acquisitions of Né…

Covid-19 and Cresco’s commitment

First of all, we hope and wish you and your close ones are in good health.We are currently facing extreme situations, impacting our daily life and requiring the utmost vigilance from society.Cresco is committed to play its role in this crisis and is doing all it can to help flattening the curve in order to be able to pick up our daily routines as …

Cresco partners with the Silicon Valley network the GUILD

Building a direct bridge between Belgium and Silicon Valley, the GUILD offers female entrepreneurs the opportunity to c…

Cresco proudly announces its strategic partnership with Co.Station

We are thrilled to announce that Cresco and Co.Station have concluded a strategic partnership. Cresco will actively con…

“Innovate, Collaborate, Grow!” a book by David Dessers

“This book is a gem for any B2B start-up entrepreneur. David succeeds in providing both the bigger picture as well as t…

Cresco celebrates its Five Year Anniversary

Cresco is proud to announce its fifth anniversary, having served a growing group of fantastic clients throughout the years. It has been a privilege to work with so many talented individuals and great organizations.We celebrated our anniversary in the presence of numerous entrepreneurs, senior executives and investors in the Marble Hall at the Antw…

Adagio and shareholders in strategic sale to Intracto

Cresco acted as lead counsel to Adagio and its shareholders in the preparation, negotiation and closing of the strategi…

Supplystack in Series A Investment Round

Cresco assisted Supplystack in the structuring, negotiation and closing of its EUR 5 million Series A investment round.…

Hummingbird funds in various venture capital investments

During 2018 and 2019 Cresco acted as lead counsel to the General Partner of the Hummingbird Funds in the structuring, n…

Volta Ventures in various venture capital investments

During 2018 and 2019 Cresco acted as lead counsel to the General Partner of Volta Ventures, in the structuring, negotia…

Newtec and shareholders in strategic sale to Singapore Technologies Engineering

Cresco acted as lead counsel to Newtec and its shareholders in the preparation, negotiation and closing of the strategi…

Intuo and shareholders in strategic sale to Unit4

Cresco acted as lead counsel to Intuo and its shareholders in the preparation, negotiation and closing of the strategic…

TEDxFlanders Main Event “NOW” — 3 April 2019 — deSingel Antwerp

We are happy to announce our continued partnership with TEDxFlanders. On 3 April 2019, TEDxFlanders will be celebratin…

Mabo Lifting and shareholders in sale to Sofindev

Cresco acted as lead counsel to Mabo Lifting and its shareholders in the preparation, negotiation and closing of the st…

Vavato in acquisition of Jorisco Group

Cresco acted as lead counsel to Vavato in the preparation, negotiation and closing of the strategic acquisition of Jorisco Group.Vavato is a fast-growing online auction house. With the acquisition of Jorisco it adds to its auction categories and doubles in size. David Dessers led the Cresco team that advised Vavato and its shareholders in this str…

Formation of energy ecosystem IO.Energy

Cresco acted as lead counsel to Elia, Fluvius and other system operators in the structuring and formation of the IO.Energy Ecosystem.The IO.Energy Ecosystem is an open innovation ecosystem to share knowledge and boost innovation in the energy world. But also, to create the environment to build, test and learn from new energy applications for consu…

Taste Invest in strategic Novosanis sale to OraSure Technologies

Cresco acted as lead counsel to Taste Invest,the cornerstone investor of Novosanis, in the preparation, negotiation and closing of the strategic acquisition of Novasanis by OraSure Technologies, a NASDAQ publicly listed company active in de medical device industry. Novosanis is an early commercial-stage producer and distributor of urine sample col…

Formation of Biotech Incubator fund Novalis Ventures

Cresco acted as lead counsel to the general partner in the structuring, formation and fundraising of Novalis. Novalis, structured as a tax efficient private privak, is an early stage incubator fund with an investment focus on pre-seed and seed stage opportunities in privately held companies which are active in the biotech and life sciences areas, …

Accountable in Seed Investment Round

Cresco assisted Accountable in the structuring, negotiation and closing of its EUR 2 million Seed investment round. The funding round was led by Connect Ventures, along with Belgian and international business angels.Accountable offers an application that makes the life of self-employed workers easier, by allowing them a real-time overview of their…

Millibeter and shareholders in strategic sale to AgriProtein

Cresco acted as lead counsel to Millibeter and its shareholders in the preparation, negotiation and closing of the strategic acquisition of Millibeter by AgriProtein.Fly-farmer and insect technology pioneer AgriProtein will fund the construction of the first full-scale Millibeter factory in Belgium. Operating from the Open Manufacturing campus in …

Investor Consortium in Camel-IDS Series A Investment Round

Cresco assisted an investor consortium in the structuring, negotiation and closing of its EUR 37m Series A investment round in Camel-IDS. The consortium was led by V-Bio Ventures(Belgium) and Gimv(Belgium), and joined by the co-lead investors HealthCap (Sweden), Novo Seeds (Denmark), Pontifax (Israel) and BioMedPartners (Switzerland). Camel-IDS i…

Investsuite in Seed Investment Round

Cresco assisted Investsuite in the structuring, negotiation and closing of its EUR 2 million Seed investment round. The funding round was led by PMV, along with Belgian and international business angels.Investsuite is a European wealthtech company providing B2B investment products as-a-service. It helps financial institutions retain their clients …

Bedal in Series A Investment Round

Cresco assisted Bedal in the structuring, negotiation and closing of its EUR 2.6 million Series A investment round. Bedal is an award-winning start-up that develops innovative medical devices for catheter fixation.The funding round was led by F3 Finance, an investment office for a number of Belgian families, and LRM, the Limburg Investment Company…

The Alliance in formation and various venture capital investments

Cresco assisted the general partner in the structuring, formation and fundraising of investment fund ‘The Alliance’. The Alliance is an initiative of Jürgen Ingels and Stefan Dierckx that aims to provide tech companies with growth funding and access to an international fintech ecosystem to enable and accelerate further expansion.In addition Cresco…

Cresco hosts a TEDxFlanders Salon in cooperation with TEDxFlanders

On 17 October 2018 Cresco hosts a TEDxFlanders Salon on Energy x Efficiency x Empathy, in cooperation with TEDxFlanders…

Formation of corporate venturing fund imec.xpand

Cresco acted as lead counsel to imec, the world leading R&D hub for nano electronics and digital technology, and the General Partner of imec.xpand, in the structuring, formation and fundraising of imec.xpand.imec.xpand is an independently managed, game-changing fund to enable early-stage nano electronics based innovation powered by imec. The f…

MCS and shareholders in strategic sale to Nemetschek

Cresco acted as lead counsel to MCS Solutions and its shareholders in the preparation, negotiation and closing of the strategic acquisition of MCS by Nemetschek. MCS Solutions offers an integrated and modular Integrated Workplace Management System (IWMS) that covers core functional areas in real estate, facility and workplace management for large …

Teamleader in Keen Ventures led Series C Investment Round

Cresco assisted Teamleaderin the structuring, negotiation and closing of its EUR 18.5 million Series C investment round. The investment round was led by Keen Ventures(USA), joined by the co-lead investors Fortino Capital and Sage Capital.Teamleader is known for its SaaS platform for CRM, project management and invoicing.The company will use the né…

Trendminer and shareholders in strategic sale to Software AG

Cresco acted as lead counsel to Trendminerand its shareholders in the preparation, negotiation and closing of the strategic acquisition of Trendminer by Software AG.Software AG’s acquisition of TrendMiner is consolidating its leading position in the rapidly growing IoT market. TrendMiner employs advanced analytics methods such as diagnostic, visua…

Hummingbird in strategic Gram Games sale to Zynga

Cresco acted as lead counsel to Hummingbird Ventures,the only VC shareholder and largest individual shareholder of Gram Games, in the preparation, negotiation and closing of the strategic acquisition of Gram Games by US-based gaming giantZygna. This acquisition brings to Zynga a talented team with a proven track record of developing highly engagin…

Formation of corporate venturing fund 9.5 Magnitude Ventures

Cresco acted as lead counsel to the general partner in the structuring, formation and fundraising of 9.5 Magnitude Ventures. 9.5 Magnitude Ventures is a unique pre-seed corporate venturing fund focused on setting-up joint-ventures with top tier corporates. In close collaboration with the corporate 9.5 Magnitude Ventures builds and launches a fully…

Cresco partners with Euronext Techshare

TechShare , the educational Euronext programme helping Tech companies grow their businessLaunched in September 2015, Te…

Cresco partners with and& Summit & Festival

and& is a one of a kind summit & festival at the intersection of health, tech & creativity curated for the …

Ansem and shareholders in strategic sale to Cyient

Cresco acted as lead counsel to Ansemand its shareholders in the preparation, negotiation and closing of the strategic acquisition of Ansem by Cyient.Cyient is a global provider of engineering, manufacturing, geospatial, networks, and operations management services. AnSem is a leading fabless, custom analogue and mixed-signal application-specific …

Cresco partners with Watt factory

Cresco proudly announces its strategic partnership with Watt Factory, a new community of entrepreneurs and creatives fo…