spot_img
Thursday, March 28, 2024

RocaJunyent advises Axon on its entry into Embention

RocaJunyent has counselled Axon Partners Group's Venture Capital fund Axon Innovation Growth IV on its investment stake in the share capital of Embention

-

Axon Innovation Growth IV, the Venture Capital fund launched by Axon Partners Group to detect scale-ups with great potential, consolidates its portfolio via its fourth investment by taking a stake in the share capital of Embention, a leading technology group with expertise in autopilot software and drone component manufacturing.

Founded in 2007 in Alicante, Embention has carved out a niche in the unmanned and autonomous aerial vehicle sector, with organic growth as its sole lever. At the end of 2021, the company, which shares are listed on Euronext Access Paris, had a turnover of 3.3 million euros and a portfolio of more than 500 customers from 70 countries, including Toyota and Airbus. Axon’s entry into Embention’s capital through this capital increase aims to boost the company’s strategic growth project.

Axon was counselled on this deal by RocaJunyent’s Madrid office team led by Corporate and M&A partner Carlos Blanco Morillo and comprising senior associate Javier Arenas Olivencia and junior associate Íñigo Oliván García.

- Advertisement -spot_img
- Advertisement -spot_img

MOST READ NEWS

BM assists AEW with two retail parks acquisition

AEW has been advised by Baker McKenzie on the acquisition of two prime retail parks in Spain: Rivas Futura, one of the largest prime...

RocaJunyent, Uría advise on Indukern´s acquisition of Galenicum Special Ingredients

The chemical company Indukern, now owned by the Luxembourg-based Ravago Group, has acquired Galenicum Special Ingredients, the division of the Spanish pharmaceutical company Galenicum...

Linklaters makes internal promotions in Madrid

After announcing the promotion of three partners and one counsel in Madrid, the firm has continued with its round of internal lawyer promotions, promoting...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
error: