Kellerhals Carrard with Libattion on its financing round

Kellerhals Carrard advised Libattion on its recent EUR 14 million Series A financing round led by A&G Energy Transition Tech Fund together with spanish automotive components manufacturer Teknia, the portuguese fund HCapital New Ideas II and swiss energy utility company EBL.

Kellerhals Carrard’s team

Corporate/VC partner Karim Maizar (pictured left) and corporate/VC senior associate Norbert Schenk (pictured right) co-led the team, which further comprised Lisa Schmid (corporate/VC).

Libattion

Based in Zurich, Libattion offers stationary energy storage solutions from upcycled electric vehicle batteries. It is known for its algorithms and power control systems that extend the service life of upcycled batteries, ensuring their performance matches that of new batteries. Libattion’s energy storage systems, called “e-Racks,” cover a wide range of capacities, from 97 kWh to 60 MWh, offering modular and versatile solutions. These systems provide energy flexibility services such as frequency control, peak demand reduction, and fast EV charging. They are also ideal for supporting critical infrastructure and hybridising renewable assets to store surplus energy.