Advising Vortexa on its $34 million Series C funding

We have advised Vortexa, a leading real-time global analytics platform for energy and freight markets, on its $34 million Series C funding round led by investment funds managed by Morgan Stanley Expansion Capital and with participation from existing investors Notion Capital, Monashees, Metaplanet, FJ Labs and Communitas Capital.

Vortexa provides market-leading real-time data and advanced analytics for energy and freight markets. With the most accurate and complete picture of global flows, freight and inventories, Vortexa covers crude oil, refined products, LPG and LNG, across all vessel classes. Vortexa is a multidisciplinary force of over 120 employees combining energy and freight expertise, data science and engineering across major hubs in London, Singapore, Houston, New York City, Geneva and the UAE. 

The investment brings the total amount raised by Vortexa since its inception to more than $60 million and will be used to further accelerate the company’s international expansion, state-of-the-art technology and first-class quality of service to its clients and partners. 

Commenting on the transaction, Corporate partner Howard Palmer said: "We have supported Vortexa on all its previous fundraising activity and have seen from its inception its impressive growth. It's great to work with the Vortexa team again on this successful completion of its Series C funding, and we look forward to seeing Vortexa sail further in its next stage."

CEO of Vortexa, Fabio Kuhn commented: "Despite one of the toughest fundraising environments for tech companies in the recent past, this funding round was significantly oversubscribed. We are pleased to partner with the Taylor Wessing team again on our fundraising as we know we can always count on them to provide exceptional service and professional advice. The team has truly worked as a seamless part of our team and have been instrumental throughout the process in ensuring that the fundraising went as smoothly as it did."

The team was led by partner Howard Palmer with support from associate Bhavna Pattanaik in the Corporate Technology team. Further support was provided by partner Ann Casey and associate Megan Geiser in the Tax and Incentives team.