Burges Salmon Advises ENGIE New Ventures on Secondary Sale as Vyntelligence Raises £23m Series B

"Burges Salmon advised ENGIE New Ventures on a secondary sale of shares in Vyntelligence, which completed a $30m (£23m) Series B led by investors including Morgan Stanley Investment Management’s 1GT and Blume Equity. ENGIE New Ventures pursued the secondary to realise returns while maintaining strategic partnerships and reinvesting in energy transition and innovation opportunities."

Burges Salmon acted for ENGIE New Ventures in a secondary sale of shares in Vyntelligence, which concurrently completed a £23 million ($30 million) Series B funding round led by investors including Morgan Stanley Investment Management’s 1GT climate private equity fund and Blume Equity. The transaction comprised a secondary sale by ENGIE New Ventures of a portion of its stake in the London-based agentic video intelligence platform Vyntelligence, undertaken alongside a primary funding round that raised $30 million (approximately £23 million) from leading growth investors. ENGIE New Ventures is proactively targeting secondary sales for a portion of its portfolio as part of its ongoing investment strategy. Fully aligned with its business model, the approach allows the corporate venture arm to realise returns on successful investments while maintaining strategic partnerships with portfolio companies and reinvesting capital into new opportunities aligned with ENGIE’s energy transition and innovation objectives. Burges Salmon represented ENGIE New Ventures with a team composed by: partner Alex Lloyd and solicitor Shaaf Alam, both members of the firm's Corporate and M&A team.

Burges Salmon Advises ENGIE New Ventures on Secondary Sale as Vyntelligence Raises £23m Series B

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