Walder Wyss with Neustark on USD 69m Financing Round
Walder Wyss has advised Neustark, a Switzerland-based carbon removal provider, on a growth financing round in the amount of USD 69 million. The new capital will enable Neustark to continue its rapid scale-up in the carbon dioxide removal market and support its mission to permanently eliminate 1 million tonnes of CO2 in 2030.
Walder Wyss’team
The team was led by corporate/M&A partner Florian Gunz Niedermann (pictured left) and corporate/M&A partner Marion Bähler (pictured right) and further included Viktoriya Chernaya (associate, corporate/M&A), Erik Lanz (associate, corporate/M&A), Maurus Winzap (partner, tax), Lukas Wyss (partner, finance), Sylvia Anthamatten (counsel, IP/IT), Timon Nydegger (managing associate, corporate/M&A), Michael Kündig (managing associate, corporate/M&A) and Carmen Stetter (trainee, corporate/M&A).
About Neustark
Founded in 2019 and based in Berne, Switzerland, Neustark focuses on limiting global warming to 1.5°C implies reaching net zero CO2 emissions in 2050 according to the IPCC by globally deploying carbon removal (CDR) solutions at the scale of billions of tons of CO2.
