Karanovic & Partners, working with Stibbe, has advised ElevenEs on its series B investment round led by Caterpillar Venture Capital.
According to Karanovic & Partners, the proceeds are intended to support the construction of a battery cell factory in Subotica, Serbia.
The Karanovic & Partners team included Senior Partner Marjan Poljak, Partner Sava Draca, and Senior Associate Tijana Arsenijevic.
Karanovic & Partners could not provide additional information on the matter.
