Milbank advised Lightrock and Planet First Partners in connection with a new EUR 109 million (USD 125 million) financing round for Sunfire GmbH. Lightrock and Planet First Partners are acting as lead investors in Sunfire’s Series D round, leading a consortium of investors including Carbon Direct Capital Management, HydrogenOne Capital and existing shareholders of Sunfire.
Sunfire, headquartered in Dresden, Germany, is a global leader in the development and production of industrial electrolyzers. The new investment will further strengthen Sunfire’s leading position in the rapidly growing market for green hydrogen technologies. Founded in 2010 by Nils Aldag, Christian von Olshausen and
Sunfire, headquartered in Dresden, Germany, is a global leader in the development and production of industrial electrolyzers. The new investment will further strengthen Sunfire’s leading position in the rapidly growing market for green hydrogen technologies. Founded in 2010 by Nils Aldag, Christian von Olshausen and
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