Homburger advised Blume Equity on its Investment in Neustark
Homburger advised Blume Equity, a climate tech growth investor, which participated in Neustark’s USD 69 million funding to expand carbon removal solution globally.
The growth equity round was led by Decarbonization Partners, a partnership between BlackRock and Temasek, and will reinforce neustark’s continued growth path and support their mission to permanently remove 1 million tons of CO2 in the year 2030. Climate tech growth investor Blume Equity also participated in the round.
About the investment
The investment in neustark is one of the largest growth equity investment rounds in carbon removal and was backed by the existing investors Siemens Financial Services, Verve Ventures, ACE Ventures and Holcim. It is intended to propel neustark’s expansion across Europe, North America and Asia-Pacific.
Homburger’s team
Homburger acted as legal advisor to Blume Equity in connection with the transaction, with a team led by Daniel Hasler (corporate / M&A) and included Margrit Marti and Jasmin Künzle (all corporate / M&A).
