
RocaJunyent advises on Axon's acquisition of Libelium’s share capital
We advised Axon Innovation Growth IV, a new venture capital fund launched by Axon Partners Group a year ago to detect companies with great potential and options to end up becoming listed, in taking a stake in the share capital of Libelium, an Aragonese company specialized in the Internet of Things (IoT).
Axon's entry into Libelium's share capital through this capital increase is intended to promote the company's strategic growth project. Libelium will continue to maintain its corporate headquarters in Zaragoza and will increase its workforce by 30% in 2021.
For its part, Libelium has been advised in the process by Cuatrecasas.
