Electric batteries : UGGC Law Firm advises Bpifrance on start-up Verkor’s historic €2 billion fundraising round

French start-up Verkor secures more than €2 billion in financing following the signing of a minimum of €850m Series C funding

Advised by UGGC Law Firm, Bpifrance increased its investment in this round with its SPI fund (Société de Projets Industriels). Launch in 2015, it aims to help projects with good business and employment opportunites for industrial sectors with an important structural role for the national economy find support for their development

Legal advice

Bpfi France was advised by UGGC Law Firm with Charles-Emmanuel Prieur, partner, Laura Malach, consultant and Bernard de la Vallée Poussin, associate. Verkor was advised by Hogan Lovells. Other investors were advised by Cllifford Chance, Willkie Far & Gallagher, Herbert Smith Freehills, Gide and Bredin Prat

About UGGC Avocats

Founded in 1993, UGGC Avocats is one of the leading independent business law firms in France. UGGC Avocats assists private and public operators. The firm has extensive expertise in legal and tax matters; through its teams and its “family office”, it offers a very large capacity of intervention in France and internationally (Europe, Africa, Asia and South America). UGGC Avocats is positioned as a “client firm” and its approach is based on its ability to mobilize multidisciplinary teams adapted to its clients’ needs. UGGC Avocats is composed of more than 170 lawyers, including 33 partners.