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The Mobility House secures further growth financing

28. October 2020 – The Mobility House AG (TMH) , a leading technology company and solution provider for charging services, has successfully completed its Series C1 Financing Round with the new investor SP Group and participation of existing investors. The collaboration with SP Group, a leading energy utilities group in the Asia Pacific, expands TMH’s reach into Asia. Further, TMH has entered into a EUR 15 million financing agreement with the European Investment Bank (EIB) to promote the integration of electric vehicles into the energy markets.

Walder Wyss advised TMH as Swiss legal counsel on the transaction. The Walder Wyss team was led by Florian Gunz Niedermann (Partner, Corporate/M&A) and Fabienne Anner (Managing Associate, Corporate/M&A) and further included Timon Nydegger (Associate, Corporate/M&A) as well as Roger Ammann (Managing Associate, Finance).