News – Venture Capital & Private Equity practice
27 July 2015
Cresco acted as lead counsel in the preparation, structuring and initial closing of neoScores’ two million euro Series A round. Funds are provided by institutional funds including Theodorus III and ParticipatieMaatschappij Vlaanderen, through a successful Bolero crowdfunding campaign and by a selected number of business angels.
iStart-backed company neoScores specializes in the digitalization of sheet music. Via a responsive cloud-based app, neoScores customers can purchase, download, use and share sheet music. neoScores was heralded as one of the most promising start-up companies in the world at the 2014 Start-Up Nations Summit in Seoul.
neoScores will deploy the venture proceeds to accelerate its growth and generate international expansion. The company aspires to become the predominant market player for digital sheet music and the go-to market place for musicians and sheet music publishers.
Pieter Capiau and Wim Van Berendoncks constituted the deal team for this transaction and Cresco continues to advise neoScores on its day-to-day business operations and IP strategy.
For any further information or questions, please contact Pieter Capiau.