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BNP Paribas and SET Ventures Invest in Smart Grid Market-Leader DEPsys SA

12.02.2019 – On 12 February 2019, DEPsys SA, a Swiss technology company playing a pioneering role in the energy market, announced its successful raising of CHF 13.2 million as part of a Series B financing round which included BNP Paribas and SET Ventures as new investors.

DEPsys SA develops innovative technology solutions that support participants in the electricity market in the efficient use of new energy sources. With the GridEye network optimization platform, DEPsys SA enables the measurement, monitoring and control of distribution networks for the efficient integration of renewable energy sources at decentralized feed-in and consumption points.

Schellenberg Wittmer acted as counsel to BNP Paribas and SET Ventures. The team was led by Partner Tarek Houdrouge (Corporate/M&A) and included Senior Associate Anh-Thu Pardo-Thai (Corporate/M&A), Associate Edmond Kohler (Corporate/M&A) and Trainee-lawyer Jérémie Tenot.