FGvW Advises Energy Informatics Company Oxygen Technologies on Financing Round

The Freiburg-based energy informatics company Oxygen Technologies GmbH has gained a new investor in the energy company Centralschweizerische Kraftwerke AG (CKW). Together, Oxygen Technologies and CKW plan to promote the energy turnaround with green energy from decentralized plants, automation and digitalization of the industry, and to develop the Swiss market.

With its "Elements" energy platform, Oxygen Technologies offers energy suppliers solutions for optimizing their own power supply, tenant power and community power to shape the energy turnaround. The trading algorithm developed by Oxygen Technologies is also to be used in peer-to-peer energy marketplaces in the future. Founded in Freiburg in 2016, the Oxygen Technologies start-up is a spin-off of the Fraunhofer Institute for Solar Energy Systems (ISE) and the Institute for Computer Science of the Albert Ludwig University of Freiburg.

Centralschweizerische Kraftwerke AG (CKW) in Luzern belongs to the CKW Group, a service provider for energy, data and infrastructure in Central Switzerland. The CKW Group supplies over 200,000 end customers in the cantons of Luzern, Schwyz and Uri with electricity. The company has been in existence for over 125 years and has more than 1,800 employees.

In the financing round, Oxygen Technologies was legally advised by our Freiburg-based finance team of the start-up desk, led by Raphael Klesen.

Advisors to Oxygen Technologies:
Raphael Klesen, Senior Associate (Lead, Corporate Finance)
Jan Henning Martens, Partner (Corporate, M&A)
Sven Ufe Tjarks, Local Partner (International Distribution Law)
Johanna Hennighausen, Associate (M&A, Distribution Law)