Ashurst advises Colibri Energy on Series A financing round with Emerald
23 March 2023
Ashurst has advised the German battery manufacturer Colibri Energy GmbH from Berlin on a successful Series A financing round with Emerald Technology Ventures, Nabtesco Technology Ventures and ABN AMRO Sustainable Impact Fund.
Colibri Energy develops and produces modular and low-maintenance lithium-ion batteries that are used around airports and in industrial logistics for floor conveyors and ground equipment. With its products, the Berlin-based company wants to play a key role in decarbonization and environmental protection in the airport environment. In mid-March 2023, the Dutch Royal Schiphol Group announced that it would electrify all ground vehicles at its airports; energy-efficient battery products from Colibri Energy are already in use at 22 international airports, including Frankfurt, Istanbul and Doha.
Ashurst's M&A/VC team advised Colibri Energy, led by Counsel Dr. Valentin Pfisterer, supported by Senior Consultant Reinhard Eyring and Associate Christoph Tornau (all Corporate Transactions, Frankfurt).
Colibri Energy develops and produces modular and low-maintenance lithium-ion batteries that are used around airports and in industrial logistics for floor conveyors and ground equipment. With its products, the Berlin-based company wants to play a key role in decarbonization and environmental protection in the airport environment. In mid-March 2023, the Dutch Royal Schiphol Group announced that it would electrify all ground vehicles at its airports; energy-efficient battery products from Colibri Energy are already in use at 22 international airports, including Frankfurt, Istanbul and Doha.
Ashurst's M&A/VC team advised Colibri Energy, led by Counsel Dr. Valentin Pfisterer, supported by Senior Consultant Reinhard Eyring and Associate Christoph Tornau (all Corporate Transactions, Frankfurt).