We advised SMART Photonics, the independent foundry for photonic integrated circuits, who successfully raised a €35M equity investment round from a Dutch consortium of investors led by Innovation Industries. The funding will help SMART Photonics to accelerate the growth for photonic chip manufacturing. The funding round includes a contribution from the Ministry of Economic Affairs and Climate Policy (EZK) of The Netherlands through the Brabant Development Agency (BOM), as well as participations from KPN Ventures, PhotonDelta and existing shareholders.
Ace and Tate, founded in 2013, is a fast-growing disruptive eyewear brand from Amsterdam, expanding internationally. The company raised € 14.25 million funding from its shareholders, mainly from Rinkelberg Capital. The funding was structured as a convertible loan. We advised Rinkelberg Capital.
We advised Standard Investment and the other shareholders of Flatfield with the sale of the shares in Flatfield to NCAB Group. Flatfield is de largest Dutch supplier of Printed Circuit Boards (PCBs). NCAB Group is one of the world’s largest suppliers of PCBs, with headquarter in Sweden and listed at NASDAQ Stockholm. NCAB Group strengthens its position in the Benelux and Germany with the acquisition of Flatfield.
We advised Mayht on its Series A Funding Round raised from FORWARD.one venture capital. Mayht is a young TU Delft spin-off based which creates and commercializes disruptive loudspeaker technology.
Online supermarket Picnic raised € 250 million for the construction of a robotized distribution center. ABN Amro puts € 50 million in Picnic whereas and the remainder is invested by current investors who previously invested € 100 million in the company in 2017. The investor group includes NPM Capital, De Hoge Dennen, Hoyberg and Finci. We advised NPM Capital on this financing round.
Metrological enables operators to seamlessly integrate their TV and OTT content into a single TV viewer experience. The Metrological Application Platform delivers a complete product suite for onboarding and managing the lifecycle of web and native apps and premium OTT services across set-top boxes. We advised the selling shareholders of Metrological on the sale of the company to Comcast Cooperation.
We advised Prime Ventures on its €22 million investment in Creative Group, a Dutch fintech company which offers customers the opportunity to digitally buy or send prepaid credit to spend with their favorite brands. Prime Ventures is the sole investor in this round, acquiring a minority stake in the company.
Owlin is the news analytics tool that helps finance professionals monitor their portfolio proactively, continuously, and in real-time. By tapping into more than three million global sources, Owlin saves time and ensures that you never miss vital emerging risks, opportunities, or trends. We advised Owlin on the Series A Funding Round raised from Velocity Capital. The company intends to use the funds to accelerate its growth internationally, especially in the United Kingdom and the United States.
Intrinsic ID is the world’s leading digital authentication company, providing the Internet of Things with hardware-based root-of-trust security via unclonable identities for any IoT-connected device. Intrinsic ID is a spin-out of Royal Philips Electronics. Investors include Prime Ventures and Robert Bosch Venture Capital. We advised, in cooperation with Rutgers & Posch, the company on the € 11 million venture debt loan from EIB and the €2.5 million venture debt loan from BOM.
We advised Standard Investment on acquiring a 50% interest in Hollandia Structures, Hollandia Infra, Hollandia Services, Everest Industriële Montage and Hollandia UK. Hollandia is one of the leading parties in the field of steel and mechanical engineering in the segments of infrastructure, maintenance, petrochemical, high-rise buildings and utility construction. The business units are transferred to a new holding company called Hollandia Orange, in which Hollandia Holding and Standard Investment each have a 50% interest. The company has its headquarters in Krimpen aan den IJssel and branches in Heijningen, Fijnaart and London (UK). The Hollandia Orange companies achieved a turnover of approximately EUR 100 million in 2018 with a pre-tax result of approximately EUR 6.5 million. The company employs around 300 people.