Imec.istart Future Fund in €2.5M funding round of Veoware SA

Cresco proudly assisted a consortium of investors, consisting of lead investor imec.istart future fund (Kris Vandenberk & Ruth Janssens), regional investment fund Ostbelgieninvest – OBI, Moveinvest (Noshaq and OBI), and the family holding of Eupen-based Henkes & Co, in the structuring, negotiation, and closing of the €2.5M funding round of Veoware SA.

Veoware SA, a Brussels-based company, specializes in improving the agility and maneuverability of satellites utilizing advanced actuator technologies such as control moment gyroscopes.

The deal team consisted of Glenn L’hoëst, Olivier Van Raemdonck, Emilie Praet, Rutger Duden, Charles Groffils, Tim Wirix and Zoë Punt.

Kudos to all persons involved, including Veoware’s founders Jullien Tallineau & Julien Demonty.

Read more about this interesting deal in l’Echo and SpaceNews.

For more information or inquiries, please contact Glenn L’hoëst.