Pur Ver’s €2 Million Round Financing

Laga advised Pur Ver in its capital increase subscribed by existing shareholders and three new investors: Innovation Fund, SRIW Environnement and CFEP.

Pur Ver is a bio-tech SME which spun off from Gembloux Agro-Bio tech, University of Liege. It develops innovative “vermicompost” production technology (the product of the composting process using various species of worms) which is used by horticulturists, organic farmers and gardening enthusiasts.

This new investment is aimed at helping Pur Ver increase its production capacity and develop its research for new products and applications.

Laga advised Pur Ver on the deal with the Corporate-M&A team led by Benoît Feron and including William Hollanders.

Involved fees earner: Benoît Féron – Laga; William Hollanders de Ouderaen – Laga;

Law Firms: Laga;

Clients: Pur Ver;