Osborne Clarke has advised Ferntech GmbH on a seed financing from FACTOR[e] Ventures. The seed investment will fuel the development of the company’s microgrid monitoring and control platform.
Ferntech has developed a universal controller for off-grid, hybrid, and microgrid power systems. Ferntech’s technology makes it possible for developers and operators of these systems to connect components from any manufacturer, monitor a fleet of systems from a single dashboard, and easily program behaviors to improve performance. These features reduce monitoring and maintenance costs and improve returns on grid deployments.
An Osborne Clarke team led by Till-Manuel Saur (Corporate) advised Ferntech on the investment. The team also included Christian Woger (IT) and Martin Würthner (Insolvency).