Allen & Overy advises AUDACIA on the launch of its deeptech decarbonization fund, EXERGON
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Allen & Overy has advised AUDACIA, an innovative player in venture capital, on the launch of its deeptech decarbonization fund, EXERGON. The fund aims to support the development of highly innovative industrial decarbonization technologies, primarily in Europe.
Thanks to fully committed early investors, EXERGON has already closed its first two investments and is also in advanced negotiations for the closure of three new investments.
Combining entrepreneurial spirit with a deep understanding of decarbonization technologies, EXERGON aims to achieve a triple objective: investing in European technologies to accelerate decarbonization, enhancing the energy efficiency of our economy, and optimizing the supply chain of critical materials necessary for the energy transition.
The Allen & Overy team was led by partner Antoine Sarailler, counsel Benjamin Lacourt and associate Roxane Gallais.