Velocys secures US$40m of growth capital
February 2024 — Velocys has completed a fundraising with Carbon Direct Capital, Lightrock, GenZero and Kibo Invest.
Velocys is a leading sustainable aviation fuel (SAF) technology company. It provides its customers with the technology to enable production of negative carbon intensity and drop-in fuels from a variety of waste materials. Velocys also offers an integrated solution for project developers, owners and operators by supplying reactors, catalysts and associated engineering services.
Our role in the transaction
Oaklins Cavendish, based in the UK, acted as the sole financial advisor to a consortium of climate-focused private equity impact investors, comprising of Carbon Direct Capital, Lightrock, GenZero and Kibo Invest, on its refinancing and takeover of Velocys.
Talk to the deal team
Related deals
Tandem has completed a voluntary public tender offer for the shares of Compagnia dei Caraibi
Tandem S.r.l. has completed a voluntary public tender offer for 25.99% of the shares in Compagnia dei Caraibi S.p.A.
Learn moreICOP has transferred its listing from Euronext Growth Milan to Euronext Milan
ICOP S.p.A. has transferred its listing from Euronext Growth Milan to Euronext Milan.
Learn moreITC has been acquired by Re-Pie Portfoy Yonetimi
ITC, Türkiye’s leading integrated waste management and waste-to-energy platform, has been acquired by Re-Pie Portföy Yönetimi AS, one of Türkiye’s leading alternative asset management firms. The transaction provides Re-Pie with a scaled platform at the intersection of waste management, renewable energy and environmental services, while supporting ITC in the next stage of its development and long-term growth.
Learn more