WALLESS advised AVIA Capital and LitCapital on investing EUR 7 million in ElintaCharge, a developer and manufacturer of charging stations for electric vehicles
In the quickly expanding e-mobility industry, the invested funds will be used to assist R&D, the creation of new products, and further global growth. Over 30 countries on four continents have already adopted the company’s technology.
“Considering the solid market potential, coupled with our strong belief in the engineering talent at Elinta Charge and the outstanding product they have built, we are extremely glad to be able to join as investors,” – said Šarūnas Šiugžda, Founder and Managing Partner at LitCapital.
The WALLESS team advising the investors included the managing partner of Lithuania, Dovilė Burgienė, and senior associate Domas Šileika.