Berlin – Karlsruhe-based start-up INERATEC has gained a number of strategic investors to boost its production capacity for synthetic fuels derived from CO2 and green hydrogen. Investors include energy company Engie, the Safran Group, which focuses on aviation and aerospace, and the MPC Group, which primarily operates in the renewable energy field. The existing investors include Extantia, Planet A, High-Tech Gründerfonds, FO Holding and Karlsruhe Institute of Technology.
INERATEC is committed to achieving the Paris climate targets by developing sustainable e-fuels for aviation, shipping and the automotive and chemical industries. It plans to use the growth capital of around EUR 20 million raised from new and existing investors to build a pioneering industrial plant for producing sustainable synthetic fuels near Frankfurt Airport.
A CMS team headed by Dr Friedrich von Spee and Dr Martin Eichholz advised INERATEC on all legal aspects of the financing round.
CMS Germany
Dr Jörg Zätzsch, Lead Partner, Berlin
Dr Friedrich von Spee, Lead Counsel, Berlin
Dr Martin Eichholz, Senior Associate, Berlin
Dr Maximilian Koch, Associate, Berlin, all Venture Capital/M&A
Christian Schultz, Associate, Hamburg, TMC (Technology, Media & Communications)
Dr Rolf Hempel, Partner, Stuttgart
Martin Cholewa, Counsel, Stuttgart, both Competition & EU
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