The Situation

Redstone was involved in two separate investments with different structures. One was a direct equity investment into BTRY AG, and the other a convertible loan agreement with Tethys Robotics AG. In both cases, Redstone wanted to move quickly while ensuring that potential legal risks were properly identified and addressed.

This required a pragmatic approach to due diligence, documentation, and risk mitigation.

Our Approach

Alfred advised Redstone on both transactions, including the drafting and negotiation of the investment documentation. We conducted legal due diligence reviews of both companies and supported improvements to corporate housekeeping and general compliance. Particular attention was given to clarifying IP ownership and addressing issues that could have created red flags in future financing rounds.

Our approach balanced adequate investor protection with a focus on speed and deal flow, avoiding unnecessary friction while ensuring key risks were mitigated.

The Impact

Both transactions were completed efficiently, with Redstone benefiting from clearer risk visibility and improved legal foundations at the portfolio company level. The investments were structured in a way that protected Redstone’s interests while allowing the companies to continue operating and growing without delay.

“Alfred combines strong legal judgment with a very pragmatic mindset. They help move deals forward without losing sight of the risks.” Mohamed Foulser, Partner, Redstone

The Team

Thierry Barbey, Founding Partner (Legal Advisory)

Audrey Benzow, Senior Associate (Legal Advisory)

Sandro Stich, Senior Associate (Legal Advisory)