Venionaire Capital is pleased to announce the successful exit of flovtec, a Swiss-based market maker and portfolio company of the EXF Alpha S.C.S Fund, managed by Venionaire Ventures S.à r.l. flovtec has been acquired by STS Digital, a firm specializing in over-the-counter (OTC) trading and market making for digital assets. This acquisition marks a strategic milestone for both companies and advances the digital asset market-making sector. 

Venionaire’s Role in the Deal 

Venionaire Capital played a crucial role in advising on the deal. The EXF Alpha S.C.S Fund, the syndicate fund of the European Super Angels Club (ESAC), managed by Venionaire Ventures S.à r.l. based in Luxembourg, was directly involved. Berthold Baurek-Karlic, CEO @ Venionaire Capital, also served on flovtec’s Board of Directors and was instrumental in guiding the company through this acquisition process. 

This exit underscores Venionaire Capital’s commitment to supporting innovative companies and delivering value to its investors. The successful acquisition of flovtec by STS Digital highlights the potential of the digital asset market. It also demonstrates the importance of strategic partnerships in driving technological innovation. 

Looking ahead, Venionaire Capital remains dedicated to supporting groundbreaking companies within its portfolio and enabling more successful exits. 

About flovtec and Its Market-Making Expertise 

Since its founding in 2018, flovtec has established itself as a leader in liquidity solutions for digital assets. The company is known for its advanced algorithmic trading strategies and tailored liquidity management services. These innovative approaches have earned flovtec a strong reputation in the market, which paved the way for this successful and strong acquisition. 

Deal Details  

STS Digital’s acquisition of flovtec is a significant move that will greatly enhance its market-making services. flovtec’s clients, in fact, will benefit from increased liquidity and tighter spreads. Moreover, flovtec’s advanced trading infrastructure and proprietary algorithms will now power STS Digital’s platform. This integration strengthens STS Digital’s technological edge in the competitive digital asset market. 

Additionally, flovtec’s strong presence in Switzerland, coupled with its regulatory compliance, will help STS Digital expand its reach across Europe. This aligns with STS Digital’s broader strategy to become a global leader in digital asset trading and market making. Furthermore, the combined expertise of STS Digital and flovtec will lead to improved customer service. Clients can expect regulated custody, cost-efficient trading strategies, and enhanced support. 

A Significant Exit for the European Super Angels Club (ESAC) 

The European Super Angels Club held an investment stake of approximately €1.5 million in flovtec. This exit represents a successful milestone for the club. Berthold Baurek-Karlic, President of ESAC and CEO of Venionaire Capital, expressed satisfaction with the outcome:  

“The strong start of flovtec, marked by innovation and progress, led us at ESAC to invest in 2021. The merger with STS Digital, a leading trading firm for digital assets, is an excellent step forward in developing flovtec’s vision. STS Digital gains a wealth of expertise, experience, and innovative approaches from flovtec, which will ultimately benefit them. As the European Super Angels Club, we are proud to have supported this young and innovative company on their successful journey.”