Orrick and Kellerhals Carrard for Partech in the Series C of xFarm
Orrick and Kellerhals Carrard assisted Partech, as lead investor and through its Impact Growth Fund, in the €36 million Series C investment round of xFarm Technologies, leading European tech company that helps to digitalise the agri-food sector.
The round also involved Mouro Capital, a London-based venture capital firm targeting growth-stage fintech investment opportunities across Europe, North America, and Latin America. Swisscom Ventures, United Ventures, and all previous institutional investors also participated in the round, demonstrating their confidence in xFarm Technologies based on its significant achievements over the past two years.
The AgTech company is already well established in Europe, in particular in Switzerland, Italy, Spain, France, Germany, Poland and the UK. The capital raised in this Series C round will enable it to consolidate its leadership in Europe and accelerate its expansion throughout the rest of the continent, as well as in LATAM, India, Turkey, and the US, where it has already started to strengthen its presence through new hiring and strategic partnerships. xFarm Technologies also intends to improve its performance, develop its services further, and tailor them to the needs of specific markets and customers.
The Orrick team that assisted Partech was composed of partner Livia Maria Pedroni, senior associate Ginevra Rebecchini, associate Elena Cozzupoli and trainee Eugenia Arrigoni from the Technology Companies Group department led by partner Attilio Mazzilli while, for the Swiss law profiles, Partech was assisted by Kellerhals Carrard, whose team consisted of partner Karim Maizar, senior associates Umberto Milano, Norbert Schenk, Céline Schmid, Larissa Simeon and Eliane Haas, and trainee Fabienne Schönbächler.