Logo Tavernier Tschanz

News

Tavernier Tschanz advised ClearSpace in its first financing round

Tavernier Tschanz advised ClearSpace in its first financing round

Deals and Cases

ClearSpace closed its first financing round with venture capital firms from Switzerland and abroad. The new capital adds up to the EUR 86 million invested by the European Space Agency (ESA) into the ClearSpace-1 mission due to take place in 2025. The capital raised will flow into the development of the robot cleaner and support the company’s international activities.

Investors in the round include Swisscom, Dedicated, The Flying Object Fund, Graph Ventures and Urania Ventures, along with various family offices and private investors.

Tavernier Tschanz acted as lead counsel to ClearSpace SA in this transaction.

The team was led by Jacques Bonvin.

M&A
June 2021