Synch has advised Butterfly Ventures in the eight-figure investment in Incipientus Ultrasound Flow Technologies AB
Incipientus is a market leading, progressive high technology company with a strong research background and its roots in RISE-Research Institutes of Sweden AB, CPUT-Cape Peninsula University of Technology and ETH-Zurich. The development started already in the 1990s and the company was unofficially started in 2017 and today consists of employees with different backgrounds and competences but with the same goal; to radically change and improve the industrial process monitoring and quality control of non-Newtonian liquids.
Butterfly Ventures is the leading European seed-entry impact fund investing across the Nordics and Baltics. With over 250 completed investment rounds to date, Butterfly Ventures is currently investing out of BVF Venture Fund IV. The fund’s investment team consisted of Tanya Horowitz, partner, and Ludvig Hambraeus, investment manager.
”Our investment in Incipientus is a great opportunity to support cutting-edge technology and a seasoned management team operating in an exciting industry well-positioned for growth and perfectly aligned with our strategic investment targets. We are delighted to have had Synch Law advising us, given their proven expertise and track record in this type of complex VC investments.” – Ludvig Hambraeus, investment manager at Butterfly Ventures.
It is always a pleasure working with Butterfly Ventures, and Synch's team consisted of Louise Berlin, Olof Hultén and Cecilia Thuresson.
Synch is a law firm focusing on digital business and technology. Synch is offering a flexible delivery model where Digital Services complement the firm’s Advisory Services, Projects & Transaction Services, and Managed Services. Synch’s Projects & Transactions group is specialized in private and public M&A, venture capital investments, and financing, especially in relation to technology.
