Velocys secures US$40m of growth capital
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.
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
Swiss Solar Group has acquired OmniWatt and taken a significant minority stake in enshift
Swiss Solar Group AG has acquired OmniWatt AG and taken a significant minority stake in enshift AG. With these transactions, Swiss Solar Group advances its strategic growth initiative and pursues its objective of positioning itself as a leading integrated provider of sustainable energy transition solutions in Switzerland. The transactions support the group’s strategy to expand its presence across the entire energy value chain and to achieve profitable growth in the renewable energy sector.
Learn moreOmer Engineering has completed an IPO
Omer Engineering Ltd. has successfully launched its IPO on the Tel Aviv Stock Exchange, pricing shares as part of a plan to raise approximately US$94 million at an implied pre-money valuation of around US$313 million. The offering included both newly issued shares and a secondary sale by existing shareholders, who retained a significant majority stake post-IPO. This transaction underscores strong investor interest in scaling the company’s operations and enhancing its capital.
Learn moreSmart Capital has finalized a rights issue
Smart Capital S.p.A. has finalized a rights issue to continue executing its growth plan and increase its investment capacity. The fundraising supports the expansion of its investment portfolio and the strengthening of its positions in higher-quality investee companies with stronger growth prospects.
Learn more