Quorum Law acted as lead counsel in the €2.0mio seed-II investment round in iFlux, led by (a.o.) PureTerra Ventures Coöperatief, Participatiemaatschappij Vlaanderen, V2Hfin and the University of Antwerp.
iFlux is a company measuring real time groundwater flux and groundwater quality to enable data driven groundwater management for site remediation, agriculture, etc., spun off by the University of Antwerp.
Many thanks for the pleasant collaboration Christian Montag, Goedele Verreydt, Tim Op ‘t Eyndt, Maxime Van Peel, Nic Pannekeet, Alexander Crowell, Luc Sterckx, Alexander Laquiere and all other parties involved!
The Quorum deal team assisting iFlux, the founders and the existing shareholders of iFlux consisted of Pieter Dierckx and Jen Huylebroeck.
More information on this transaction can be found in De Tijd (https://www.tijd.be/ondernemen/milieu-energie/antwerpse-grondwaterscanner-iflux-haalt-2-miljoen-op/10503851.html).
If you have any questions about how Quorum Law can assist your company in similar ventures, please feel free to reach out. We are here to help you navigate the legal landscape and achieve your business goals.