Cresco assisted Innovation Industries as lead investor in the structuring, negotiation and closing of the €15 million Series A funding round of Pharrowtech.
Innovation Industries is a highly reputed deep tech investor based in the Netherlands, joined in this round by Seed Round investors imec.xpand, Bloc Ventures, and KBC Focus Fund.
Pharrowtech is a leader in the design and development of millimeter wave (mmWave) hardware and software for next-generation wireless applications.
David Dessers and Glenn L’hoëst led the team that advised Innovation Industries in this transaction.
More information about this transaction can be found in De Tijd.