KWKR Konieczny Wierzbicki and Partners has advised EV charger manufacturer Euroloop on receiving investment from the Orlen VC fund and their resulting strategic partnership in a transaction valued at approximately EUR 5 million. Osborne Clarke advised Orlen VC.
According to Osborne Clarke, Euroloop is a technology company delivering "super-efficient DC chargers for electric vehicles under the Willbert brand, together with comprehensive software solutions to manage and monetize the charging business."
Orlen VC is the corporate venture capital fund established by PKN Orlen. It focuses on investing in start-ups with market-ready technology that will play a significant role in the energy transition, climate change, and industrial automation.
The KWKR team included Managing Partner Marcin Wierzbicki, Partner Paulina Opielka, Associates Pawel Machowski and Dominik Korybalski, and Junior Associates Jacek Kulig and Maciej Ziemianski.
The Osborne Clarke team was led by Counsel Rafal Kozlowski and included Senior Associate Szymon Tyniec, Associate Jedrzej Besztak, Junior Associate Bartosz Nawrot, and Paralegal Dominika Zalewska.