Uncover Legal, a pioneer in AI applications for the legal sector, has attracted a significant investment from Dutchyard. This capital injection will support Uncover Legal’s ambitious growth plans and underscores its confidence in the future of AI within the legal sector. Uncover Legal has positioned itself as the most progressive AI application for streamlining and improving legal analysis and advice. Dutchyard, founded in 2018 by Dutch entrepreneur Iwert Dijkema, is an innovative investment platform offering exclusive access to unique opportunities in Stocks, Real Estate, Crypto and Venture Capital. Olym advised Uncover Legal on this investment.

Dutch SAP service provider Partners in Technology has been acquired by Expertum Group, a leading player in the European SAP market. This strategic move strengthens Expertum’s position in both the Dutch and international markets in the field of technical SAP consultancy. At the same time, it allows Partners in Technology to offer their clients a wider range of functional SAP services. We advised Expertum Group on this transaction.

ESquare Capital Partners, an entrepreneurial private equity investment platform specialised in technology, has invested in Smart Servant, specialised provider of Service and Cleaning Robotics focused on the hospitality and leisure sector. Smart Servant has quickly positioned itself as the leading specialist in service and cleaning robots for the hospitality and leisure sector committed to making service and cleaning robotics accessible and affordable for companies of all sizes. We advised Smart Servant on this investment.

Medal, a startup that is known for its video game clipping product, has raised $13 million at a valuation of $333 million from several investors, including Horizons Ventures, OMERS Ventures, Peak6 and Arcadia Investment Partners. The company also unveiled Highlight, a new cross-platform desktop app that acts as a contextual AI assistant for users. The app captures the content on your screen and lets you ask questions to a large language model (LLM) based on that context. We advised Medal in this equity financing round.

WPG Publishers has bid farewell to the magazine Vrij Nederland, which will continue independently. Sander Heijne has been appointed the new editor-in-chief as of April 1, 2024. Vrij Nederland will collaborate with Pakhuis de Zwijger. We advised WPG Publishers.

Roularta Media Nederland acquires WPG Media, including the magazine brands Happinez, Psychologie Magazine and Yoga by Happinez. We advised WPG Uitgevers on this M&A transaction.

Vitestro raised $22million (€20 million) in funding to accelerate commercialization of its innovative blood drawing device. The funding was raised from Sonder Capital, NYBC Ventures, Invest-NL, and EIC. We advised Sonder Capital, NYBC Ventures.

HealthSage AI secured €3M in Seed funding led by Peak.Capital to propel healthcare delivery with generative AI. Other investors included Healthy.Capital, Rubio Impact Ventures and several angel investors. The investment is earmarked to augment the team, commercialize solutions, and accelerate customer deployments. HealthSage AI pioneers transformative healthcare solutions, notably the Note-to-FHIR model, empowering healthcare professionals with generative AI tools to seamlessly integrate unstructured data into healthcare systems. We advised the company and its founders.

Aquabattery, a Dutch climate tech startup developing a saltwater long duration energy storage (LDES) solution, has closed a €6 million seed investment round. The round was led by EIT InnoEnergy and supported by InnovationQuarter, Invest-NL, Init Power, and a group of business angels. Aquabattery is developing a novel flow battery that can store clean electricity in table salt and water for 8 hours or longer. When charged, the battery converts saltwater into acid and base and reverses the process when discharged. The company is preparing to launch its fourth pilot battery in Delft later this autumn. Olym advised Invest-NL and InnovationQuarter on this investment.

Roundcube Holding, the parent company of CCS and Paston, has acquired Bugs Business. Bugs Business is a leading software partner specializing in providing modern front-office portals for customers and employees of insurers, distribution partners and stockbrokers. The strategic acquisition of Bugs Business, which will continue to operate as an independent organization, enables Roundcube Holding to expand its leadership in the insurtech sector with innovative solutions in the front-office domain. Olym advised Roundcube Holding on this acquisition.