VGC Partners invests MSEK 52.5 in Sproud International AB

January 26, 2021

VGC Partners I LP (”VGC”) has invested MSEK 52.5 in a directed share issue in Sproud International AB ("Sproud"), in order to finance Sproud’s continued expansion of its range of sustainable pea-based products under the trademark Sproud, as an alternative to dairy products.

VGC is a London-based venture capital fund focused on providing growth capital to innovative early-stage consumer, media and tech companies.

Vinge represented VGC in the fundraising, with Jesper Ottergren as lead partner.


European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
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Vinge contributing to International Comparative Legal Guides

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New partners and counsels appointed at Vinge’s Stockholm office

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