Hogan Lovells advises Wirelane on Series-B financing round
Led by Munich partner Nikolas Zirngibl, international law firm Hogan Lovells has advised E-Mobility startup Wirelane GmbH on a second financing round of EUR 18 million. The round was led by Abacon Capital, the investment arm of the Büll Family Office.
Wirelane was provided with € 12.1 million in fresh capital by new investors. In addition, existing loans in the amount of 5.9 million euros were converted into equity.
Wirelane intends to use the additional funding to continue on its growth path in becoming one of the leading providers of charging infrastructure solutions in Germany and the surrounding regions abroad, as well as to push ahead with the further development of its E-Mobility platform for the operation, management and billing of charging transactions.
Hogan Lovells Team for Wirelane
Dr. Nikolas Zirngibl (Partner), Thiemo Woertge (Senior Associate), Kilian Pfahl (Associate) (all Corporate, Munich).