Visualfabriq has partnered with leading growth equity investment firm PSG. Visualfabriq’s SaaS platform supports global consumer packaged goods (CPG) manufacturers in managing and optimizing their promotions and demand planning. Its solutions are designed to improve revenue growth management for the world’s leading CPG brands by integrating big data, AI and intuitive workflows. PSG is a leading growth equity firm that focuses on partnering with mid-market software and technology-enabled services companies. PSG’s investment aims to accelerate Visualfabriq’s organic growth and assist in future product development. We advised Visualfabriq and its shareholders on this transaction.
Dutch scale-up Orderchamp, the fast-growing wholesale marketplace for brands and retailers, has raised $20 million in growth capital for further expansion in Europe. The Series-A round is led by Prime Ventures. Existing investors henQ and a number of business angels also participate in the round. We advised Prime Ventures.
NET2GRID empowers with its product offering utilities and energy retailers by providing actionable insights to their end customers based on the real-time analysis of their energy usage data. At the heart of NET2GRID’s product portfolio sit its cutting-edge Artificial Intelligence and Machine Learning technologies that deliver unique energy insights and energy consumption predictions. We advised the Company and the founder on this funding round.
Rodeo Software, a fast-growing project management SaaS platform catering to the needs of SMEs in the creative industry, raised € 7.5 million growth capital to accelerate its global roll-out in an equity funding round from No Such Ventures, a new style investment firm headquartered in Amsterdam, and other shareholders. We advised Rodeo Software.
Wij advised SET Ventures with its investment in Trunkrs. The new financing round in which € 2,2 million was raised, was led by SET Ventures with participation of existing investor Ponooc. Trunkrs is conquering the Dutch market for same day and next day parcel deliveries at a rapid pace. Not only does the company offer fast and reliable deliveries, it also made it their mission to make parcel delivery sustainable.
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.
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 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.
SurveyMonkey (Nasdaq: SVMK), a leading global survey software company, has announced the acquisition of Usabilla, a leading global Voice of Customer (VoC) technology provider. Usabilla empowers over 450 enterprises in 35 countries, including global brands like Lufthansa, Philips, and Vodafone, to collect, analyze, and act on real-time user feedback to improve their products and customer experience. Headquartered in Amsterdam, Usabilla employs over 130 people in Europe, the United States, and Australia. SurveyMonkey acquires Usabilla for approximately $80 million, comprised of a mix of cash and equity. We advised the selling shareholders of Usabilla.