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Deal or Case news
24.09.2026
NautaDutilh assisted Balderton Capital in connection with its investment in Spott, Inc. as part of a USD 21 million Series A financing round. The round was led by Balderton Capital. Additional investors include Base10 Partners, Y Combinator, and Fortino Ventures.

Spott is a fast-growing AI-native recruitment software company that develops an integrated ATS and CRM platform for recruitment agencies. The financing round will support the company's continued international expansion and further development of its technology platform.

NautaDutilh advised on the Belgian law aspects of the transaction relating to Spott BV, working closely with US counsel to Balderton Capital.

“This transaction reflects the growing confidence of leading investors in AI-native technology platforms that are reshaping established industries. Spott has quickly established itself as an innovative player in the recruitment technology space, combining deep industry insight with cutting-edge AI capabilities. We are proud to have supported Balderton Capital on this investment and to contribute to a transaction that underscores the strong international appetite for European AI innovators.”
Carl Clottens, Corporate/M&A counsel

Carl Clottens led the NautaDutilh team, which further consisted of Marie Florival (Corporate), Philippe François, Frédérique Czanik and Robin Winten (Employment), and Vincent Wellens, Nathan Azizollahoff and Jill Van Overbeke (IP/IT & Data Protection).

About Balderton Capital

Balderton Capital is a leading European venture capital firm investing in technology companies at the Seed, Series A and growth stages. Since its inception, the firm has backed more than 300 technology companies, including a number of Europe's most successful scale-ups. Balderton Capital partners with ambitious founders building category-defining businesses across software, AI, fintech, healthtech and other technology sectors.

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