NATUREO FINANCE, investment banking firm providing advice on mergers & acquisitions, capital raising and private placements in the cleantech sectors advises Oxis Energy, a lithium battery specialist, on its fundraising with Safran, Arkema and Aerotec Brasil.
Natureo Finance raised £15m in 2012 for Oxis Energy. In 2018, Oxis management team renewed its confidence in Natureo Finance and mandated the team for a new fundraising. With the support of Natureo, the company raised £24m in this new series B.
OXIS Energy is developing an innovative Lithium Sulfur [Li-S] battery chemistry that will revolutionize the rechargeable battery market. The company allows a significant increase in gravimetric energy: in october 2018 the company reached 425Wh/kg on large cells 16Ah.
The capital raised will be used to automate the mass-production of batteries, thanks to state-of-the-art manufacturing machines and to launch the commercialization of the products. The key markets targetted by Oxis Energy are aerospatial, defence and heavy vehicles .
The closing of the transaction is a testimony that Natureo is able to unite a pool of strategic investors to accompany the development of technology companies. It also demonstrates Natureo’s expertise in working alongside with companies from the energy transition market.
Eric Missonnier-Rohart, co-founder of Natureo Finance, says : « We have been following OXIS Energy from 8 years. The first time we met, the team had just demonstrated the potential of its technology, they are today about to commercialise it. We are pleased to help Oxis growing by advising them on its fundraising, it will help them to commercialise their technology. At Natureo Finance we favour long-term relationships. This transaction is a testimony that building long-term relationships helps us to better serve our customers thanks to a deep understanding of their activity and their needs.”.