Source: Capital Waters
Written by Tim Carapiet-Petit, Lisette Oosterveen and Bart Dreef
As proud partners of Capital Waters, we are pleased to welcome the updated version of their Convertible Loan Agreement, as a meaningful contribution to the Dutch startup ecosystem. The CLA is available in two formats: a clean version for transactions and a detailed Notes Version offering practical guidance and legal context. You can find the full announcement here[1].
The CLA is an easy-to-use template for early-stage investments in the Netherlands, and this latest version reflects valuable feedback from founders, investors, and legal professionals. The Notes Version is especially helpful for those seeking to understand the rationale behind key clauses and explore common alternatives.
Disclaimer: we are proud to support Capital Waters and their mission to simplify early-stage investing, but we are not bound by this template. It does, however, provide a clear and practical overview of how CLAs are structured and used in the Netherlands.
For those interested in exploring the document, the updated CLA (including the Notes Version) is available for download via the Capital Waters investment documents page[2].
