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Medal raises $13 million HomepageLawyersSebastiaan WitkamTrack RecordVenture Capital

Medal raises $13 million

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.
Sebastiaan Witkam
15 July 2024
HealthSage: €3M for AI Marcel van de VorstVenture Capital

HealthSage: €3M for AI

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.
Marcel Van de Vorst
4 June 2024
Aquabattery secures €6m seed investment LawyersSebastiaan WitkamTrack RecordVenture Capital

Aquabattery secures €6m seed investment

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.
Sebastiaan Witkam
16 May 2024
Roundcube Holding acquires Bugs Business LawyersM&ASebastiaan WitkamTrack Record

Roundcube Holding acquires Bugs Business

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.
Sebastiaan Witkam
16 May 2024
PhotonVentures closes round for its fund at € 75m LawyersSebastiaan WitkamTrack RecordVenture CapitalWouter Hofstee

PhotonVentures closes round for its fund at € 75m

PhotonVentures, the deep tech venture capital fund focused on startups and scale-ups developing solutions with photonic chips, has closed its second fundraising round of over €15 million, bringing the fund's total to the targeted €75 million. The fund targets essential applications in data transmission, health diagnostics, and smart sensor systems, while also aligning with major global trends such as AI, AR, and VR. Private and strategic investors, together with the support of BOM (Brabant Development Agency), Oost NL, TNO, and the University of Twente, made this funding round possible. Olym advised Oost NL on this investment.
Sebastiaan Witkam
16 May 2024
Methaplanet raises EUR 6M HomepageLawyersSebastiaan WitkamTrack RecordVenture Capital

Methaplanet raises EUR 6M

Methaplanet, an innovative scale-up focused on preparing and optimizing agricultural waste streams to enhance their utilization in biogas plants, has completed a €6M investment round led by ABP, with backing from EIT InnoEnergy and business angels. Methaplanet makes energy pellets from manure that contains a lot of straw, which can be used to produce biogas more efficiently. Olym advised lead investor ABP on this investment round.
Sebastiaan Witkam
16 May 2024
Intrinsic ID acquired by Synopsys HomepageM&AMarcel van de VorstNiels HofkesSebastiaan WitkamTrack RecordVenture Capital

Intrinsic ID acquired by Synopsys

Synopsys, Inc. (Nasdaq: SNPS) has acquired Intrinsic ID, a leading provider of Physical Unclonable Function (PUF) IP used in the design of system-on-chips (SoCs). Intrinsic ID is a spin-out of Royal Philips Electronics. We advised the company and its selling shareholders including Prime Ventures and Robert Bosch Venture Capital.
Marcel Van de Vorst
10 April 2024