8 April 2022
After Taylor Wessing had already advised the Frankfurt-based SF Beteiligungs GmbH & Co. KG in November 2021 in the context of a Series D financing round of the Dresden-based hydrogen start-up Sunfire, the international law firm, led by Hamburg-based partner Dr Jens Wolf, advised one of the existing shareholders on a further capital raising of the high-tech company.
Sunfire, a global leader in the development and production of industrial electrolysers, closed its latest financing round with a total of 195 million euros. With Copenhagen Infrastructure Partners (CIP) and Blue Earth Capital, the electrolysis company gains two well-known investors. At the same time, Sunfire concludes a framework agreement with CIP for its alkali electrolysers.
Sunfire was founded in 2010 and is the market leader in the development and production of industrial electrolysers based on alkali and solid oxide (SOEC) technologies. The company pioneered the production of synthetic fuels via a so-called power-to-liquid (PtL) process.
You can find more information about Sunfire at: www.sunfire.de/en/about-us
Legal advisers SF Beteiligungs GmbH & Co. KG
Taylor Wessing Germany: Dr. Jens Wolf (Partner, M&A/Venture Capital, Hamburg/Berlin), Philipp Hoegl (Senior Associate, M&A/Venture Capital, Hamburg)