February 5, 2020
CBO Consulting has supported Terabee’s €5m funding in EU Grant and Debt
CBO Consulting supports digital ventures in their strategy and funding, helping them find the right funding sources at the right time. The company covers digital technologies: IoT, VR/AR, Satellite, AI, Software, Big Data, Telecoms, Blockchain and many others. Thanks to a unique multi-funding approach and innovation expertise, the Brussels-based consulting boutique has already supported more than 50 clients in the EU and beyond (Switzerland, Lebanon, South Korea, Israel, Iceland…).
In the funding landscape, CBO Consulting aims at creating coherence and synergies between different sources (equity, subsidy, debt) and at reconciling stakeholders’ interests around a global approach, leveraging on the strengths of one another. One of the company’s most recent successes was achieved last year with Terabee, a French SME specialized in sensing solutions. CBO Consulting set up a global funding strategy for the company to allow -after a round of €4.7m in equity from European Business Angels- to raise close to €5m through an EU Grant (SME Instrument Ph 2: 2.5M€) and €2.2m in debt financing through the Innovfin instrument backed by EIB’s SME Guarantee.
As a business angel and an EBAN member, its director Christophe Bodin strongly believes that the EU ecosystem has a leading role to play in fostering innovation in the world and that Business Angels are at the forefront of the Digital Economy’s emergence. CBO Consulting was founded in 2009 in Brussels, and since then Christophe regularly collaborates with EBAN as an Entrepreneurial Ecosystem stakeholder, introducing promising startups to investors. More information on www.cbo-consulting.eu.
Christophe has recently contributed to EBAN’s European Angel Investment Summit on 25-26 November 2019, where he has introduced the “Innovations getting to market” panel session.