Cresco acted as company counsel in Bao Living’s successful completion of a EUR 1.5 million Series A funding round, led by Entrevest and BESIX. This funding will enable Bao Living to accelerate its growth trajectory and continue its mission to bring innovation to the construction industry through modular and sustainable housing solutions.
Bao Living is a pioneer in the field of modular and sustainable housing, dedicated to redefining the future of urban living through innovative and efficient building practices. This investment will enable the company to further expand its operations and bring cutting-edge housing solutions to new markets.
Entrevest is a venture capital firm dedicated to investing in high-potential startups. With a focus on early-stage companies in sustainable growth sectors, Entrevest leverages its industry knowledge and network to help entrepreneurs scale their businesses, making strategic investments like Bao Living a key part of its portfolio.
BESIX is a leading construction and real estate development company with over a century of expertise in building landmark projects. As a prominent player with a presence in Europe, the Middle East, and Africa, BESIX brings extensive experience in engineering, project management, and sustainable construction practices, making them an ideal partner to support Bao’s growth and innovation goals.
Cresco is proud to have advised Bao Living throughout this transaction. The Cresco deal team consisted of Glenn L’hoëst and Rutger Duden.
Further details about this transaction can be found in De Tijd.
For more information about this transaction, please contact Glenn L’hoëst.
Lange Kievitstraat 118-120
2018 Antwerp
Kempische Steenweg 293/16
3500 Hasselt
Foreestelaan 1
9000 Gent
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