Burges Salmon advises ENGIE New Ventures on secondary sale alongside Vyntelligence’s £23m Series B funding round

Burges Salmon advised ENGIE New Ventures on a secondary sale of shares in Vyntelligence, conducted alongside Vyntelligence’s $30 million (£23 million) Series B funding round. The transaction consisted of a secondary sale by ENGIE New Ventures of a portion of its holding in Paris-based Vyntelligence, carried out in parallel with a primary funding round in which the London-based agentic video intelligence platform raised $30 million (£23 million) from growth investors including Morgan Stanley Investment Management’s 1GT climate private equity fund and Blume Equity. ENGIE New Ventures is proactively targeting secondary sales for portions of its portfolio to realise returns on successful investments while maintaining strategic partnerships with portfolio companies and redeploying capital into opportunities aligned with ENGIE’s energy transition and innovation objectives. Burges Salmon represented ENGIE New Ventures with a team composed by: Alex Lloyd (partner) and Shaaf Alam (solicitor), Corporate and M&A team.

Burges Salmon advises ENGIE New Ventures on secondary sale alongside Vyntelligence’s £23m Series B funding round

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