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 executed alongside Vyntelligence’s £23m (USD 30m) Series B funding round. The primary round attracted growth investors including Morgan Stanley Investment Management’s 1GT climate private equity fund and Blume Equity."

Burges Salmon advised ENGIE New Ventures on a secondary sale of shares undertaken alongside Vyntelligence’s £23 million ($30 million) Series B funding round. The transaction comprised a secondary sale by ENGIE New Ventures of a portion of its holding in Vyntelligence, executed in parallel with the London-based agentic video intelligence platform’s primary funding round. The Series B raised $30 million (£23 million) from leading growth investors, including Morgan Stanley Investment Management’s 1GT climate private equity fund and Blume Equity. ENGIE New Ventures, which is Paris-based, is proactively targeting secondary sales for a portion of its portfolio as part of its ongoing investment strategy. This approach enables the corporate venture capital arm to realise returns on successful investments while maintaining strategic partnerships with portfolio companies and recycling capital into new opportunities aligned with ENGIE’s energy transition and innovation objectives to generate strategic returns. Burges Salmon represented ENGIE New Ventures with a team composed by: partner Alex Lloyd and solicitor Shaaf Alam of the firm’s 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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