Nobilegroup Accelerates Expansion with New Funding Round

Deal News | Nov 12, 2024 | CEE Legal Matters

Nobilegroup Accelerates Expansion with New Funding Round

Nobilegroup, a promising Vienna-based start-up focused on renewable energy solutions, has successfully secured EUR 5 million in its latest funding round. The funding round was led by 6 Degrees Capital, with noteworthy participation from Doral Energy Tech and Helen Ventures. Both CMS and KPMG Law played crucial advisory roles in finalizing this investment, with CMS advising 6 Degrees Capital and others, and KPMG Law representing Nobilegroup. The infusion of capital will allow Nobilegroup to accelerate its product development and expand its presence on the international market. CMS's team on the project was spearheaded by Partner Alexander Rakosi, while KPMG Law's team included experts such as Partners Pablo Essenther and Dieter Buchberger.

Sectors

  • Renewable Energy
  • Legal Advisory
  • Private Equity & Venture Capital

Geography

  • Austria – Nobilegroup is based in Vienna, Austria.

Industry

  • Renewable Energy – Nobilegroup specializes in renewable energy solutions, making this industry relevant to the article.
  • Legal Advisory – CMS and KPMG Law provided legal advisory services for the funding round.
  • Private Equity & Venture Capital – The involvement of 6 Degrees Capital and other investors indicates this sector's relevance.

Financials

  • EUR 5 million – Total funding amount raised by Nobilegroup in the funding round.

Participants

NameRoleTypeDescription
NobilegroupTarget CompanyCompanyA Vienna-based start-up specializing in renewable energy solutions.
6 Degrees CapitalInvestorCompanyOne of the main investors in the EUR 5 million funding round for Nobilegroup.
Doral Energy TechInvestorCompanyParticipant in the funding round for Nobilegroup.
Helen VenturesInvestorCompanyParticipant in the funding round for Nobilegroup.
CMSLegal AdvisorCompanyAdvised 6 Degrees Capital and other investors on the funding round.
Alexander RakosiPartner at CMSPersonPartner involved from CMS on the advisory for the investment.
Marco Steiner-SelenicLawyer at CMSPersonLawyer involved from CMS on the advisory for the investment.
KPMG LawLegal AdvisorCompanyProvided legal advisory services to Nobilegroup.
Pablo EssentherPartner at KPMG LawPersonPartner involved from KPMG Law in advising Nobilegroup.
Dieter BuchbergerPartner at KPMG LawPersonPartner involved from KPMG Law in advising Nobilegroup.