Cresco acted as lead counsel to Btov on its investment in Sensolus.
Btov is a European venture capital firm, managing about EUR 510m in institutional funds. Its industrial tech fund places its focus on deep tech, e.g. in industry 4.0, resource efficiency, industrial AI, IoT, enterprise software, cyber security, as well as medtech.
Belgian industrial IoT startup Sensolus has raised €3.5 million to develop and expand its logistics system, which helps companies track non-powered assets (or devices and equipment that aren’t ‘smart’) in supply chains and industrial manufacturing.
The investment came from btov Partners, Annie Vereecken, Capricorn ICT Arkiv and Quest for Growth.
David Dessers and Eva Claeys led the Cresco team that advised Btov in this transaction.
More information on this transaction can be found in De Tijd.
For any further information or questions, please contact David Dessers.