DEPsys SA’s CHF13.2 Million Series B Financing Round


Schellenberg Wittmer acted as counsel to BNP Paribas and SET Ventures on their investment in Smart Grid Market-Leader DEPsys SA.

DEPsys SA, a Swiss technology company playing a pioneering role in the energy market, announced its successful raising of CHF 13.2 million as part of a Series B financing round which included BNP Paribas and SET Ventures as new investors.

DEPsys SA develops innovative technology solutions that support participants in the electricity market in the efficient use of new energy sources. With the GridEye network optimization platform, DEPsys SA enables the measurement, monitoring and control of distribution networks for the efficient integration of renewable energy sources at decentralized feed-in and consumption points.

Schellenberg Wittmer acted as counsel to BNP Paribas and SET Ventures on the deal with a team led by Partner Tarek Houdrouge (Corporate/M&A, in picture) and included Senior Associate Anh-Thu Pardo-Thai (Corporate/M&A), Associate Edmond Kohler (Corporate/M&A) and Trainee-lawyer Jérémie Tenot.

Involved fees earner: Tarek Houdrouge – Schellenberg Wittmer; Edmond Kohler – Schellenberg Wittmer; Anh-Thu Pardo-Thai – Schellenberg Wittmer; Jérémie Tenot – Schellenberg Wittmer;

Law Firms: Schellenberg Wittmer;

Clients: BNP Paribas; SET Ventures;