In April 2020, Pyrowave, a company that developed a world-leading technology allowing infinite recycling of plastics, announced the closing of a series B investment.
The investment round was led by Michelin, a world leader in sustainable mobility and advanced materials, and Sofinnova Partners, a leading European life sciences venture capital firm based in Paris, London and Milan investing in sustainable chemistry and biotechnology. The investment also includes Ecofuel, a Quebec-based early stage cleantech venture capital fund. Early stage financial partners have also renewed their confidence by reinvesting in Pyrowave.
A Fasken team composed of Sylvie Bourdeau, Cristel Chabot-Lapointe, Simon Bisson and Gabrielle Paris Gagnon, Valérie Chapdelaine (Corporate/Commercial) and Alain Ranger (Tax) advised Pyrowave in connection with this investment.
Jurisdiction
- Québec
