Cobalt has advised Lightrock and Haniel on leading a USD 30 million investment round into Aerones.
"The raised USD 30 million capital will be used to grow Aerones technical and sales functions, increase the number of robot service teams, and expand into new fast-growing markets, including Africa and Australia," the firm informed.
Aerones is a Latvia-based robotic wind-turbine maintenance services provider. According to Cobalt, the company "already serves customers that represent 50% of the world’s wind power capacity. Aerones' innovations are reducing costs and inefficiencies in the global wind power industry."
Lightrock is a private equity platform investing in sustainable businesses. Haniel is a family-run growth equity investor in Europe.
The Cobalt team included Partner Toms Sulmanis and Associate Agnese Gerharde.
