Legal advisor to Xsens Technologies on financing by Silicon Valley Bank

Acted as legal advisor to Xsens Technologies in connection with financing provided by Silicon Valley Bank.

The legal work related to financing documentation, security, financing terms, implementation and alignment with the existing corporate and investor structure.

Bank financing and venture debt for technology companies require careful alignment with existing investor rights, shareholder documentation, security arrangements, negative pledges, ranking, covenants and future financing flexibility. For growth companies, it is important that the financing is not only legally robust but also fits the commercial roadmap and future funding strategy.

Need legal advice on bank financing or venture debt?

For questions about growth financing, security arrangements or financing documentation for technology companies, please contact dirk.dewaard@viottalaw.com.

Deal highlights

transaction type – financing / venture debt
client – Xsens Technologies
financing provider – Silicon Valley Bank
sector – sensor technology / motion tracking / technology
role – legal advisor to Xsens Technologies
legal work – financing documentation, security, financing terms, implementation and investor structure

Related expertise

Venture capital
Commercial contracts
Investment agreement
Corporate / M&A
Shareholders agreement

Involved lawyers.

If you need a legal opinion under Dutch law, please do not hesitate to contact us via
info@viottalaw.com or +31 20 248 06 00.

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