Tech Case Study: Belgian Data Protection Start-up
The client is a Belgian start-up in the Data Protection support sector. The founders are two very young and bright digital natives with very limited working experience, but with an enormous willpower, vision and courage. They were in desperate need of venture capital in the minimum amount of EUR 1M to launch their data protection app.
Our work has been to advise the two founders on all legal, finance and tax aspects of their new venture (including its relocation to The Netherlands), to coach and assist them in various negotiations with stakeholders, including equity providers and to document their evolving relationships with such stakeholders. The two founders have been successful in raising more than EUR 1M more rapidly than initially foreseen. Their venture is striving, meeting growth targets and preparing for a second capital round.