Deal Ticker: Kellerhals Carrard is pleased to have advised FenX AG on its CHF 8.2 million Series A financing round

Sustainable tech innovation for a greener tomorrow. 

As the world transitions to a circular economy, the need for scalable, sustainable materials has never been greater. Meeting the challenge of reducing CO2 emissions while enabling cost-efficient, eco-friendly innovation is no small task – but FenX is rising to the occasion.

FenX AG, a Swiss cleantech company and ETH spin-off transforming waste into high-value, green insulation materials, has successfully completed its Series A financing round, raising CHF 8.2 million. This milestone round was led by Supernova Invest and Move Energy, with participation from Zürcher Kantonalbank, Çimsa, 4see Ventures, ETH Foundation, buildify.earth, and several Swiss and French family offices.

The new funding will allow FenX to scale up production capabilities, accelerate expansion in international markets, and strengthen its position as a leading provider of sustainable insulation materials. The company is paving the way for greener construction solutions by utilizing advanced technology to deliver high-quality, non-combustible products derived from industrial waste and natural resources.

Kellerhals Carrard is delighted to have advised long-standing client FenX on all legal aspects of this transaction. The Kellerhals Carrard team was co-led by Dario Silberschmidt (Partner, Corporate/VC) and Norbert Schenk (Senior Associate, Corporate/VC) and included Céline Schmid (Senior Associate, Employment), Vera Vallone (Associate, IP) and Melissa Wiss (Paralegal, Corporate/VC) and Danica Hafner (Paralegal, Corporate/VC).

We are grateful for Etienne Jeoffroy’s feedback regarding Kellerhals Carrard’s support in this round:
"We are very grateful for Kellerhals Carrard's expert guidance and support throughout our fundraising. Thank you to Norbert Schenk and the entire team for accompanying us to reach this important milestone!"

Congratulations to Etienne Jeoffroy, CEO and co-founder of FenX, Enrico Scoccimarro, Jens Diebold, Michael Stucky and the entire FenX team as well as the investors on this significant milestone. Together, we celebrate this important step toward building a sustainable future. 🌿