TGS Baltic Partner Aurimas Pauliukevičius advised the client on all legal issues related to the investment.
The EUR 10 million investment round was led by Honda, the Japanese automobile manufacturer. Other investors included the Japanese investment house ITOCHU Corporation and the Fortune 500 UK-based venture capital investor First Imagine! Ventures. Smart Energy Fund invested EUR 500,000.
Moixa’s GridShare platform facilitates the smart charging of batteries and electric vehicles. It uses artificial intelligence to monitor energy use and develop charging plans that are tailored to the needs of customers.
Smart Energy Fund powered by Lietuvos Energija (Lithuanian Energy), managed by Contrarian Ventures, invests in start-ups that are developing new technologies in the field of energy.