Baker McKenzie Advised BeNewtral in the €7 Million Capital Increase

Baker McKenzie Advised BeNewtral in the €7 Million Capital Increase

Baker Mckenzie CDP Venture Capital, through the Infratech segment of the Corporate Partners I fund, led a pre-Series A round worth a total of EUR 7 million in BeNewtral, a startup operating in the construction sector with a focus on developing alternative binders to cement for sustainable building. The round also saw the participation of NovaCapital, Eureka! Venture Sgr and Tech4Planet, the National Technology Transfer Hub for Environmental Sustainability promoted by CDP Venture Capital, together with a select group of private investors from the industrial world.

Founded in 2020, BeNewtral operates with the aim of innovating the construction sector in a sustainable way (developing materials and mineral binders with low environmental impact, largely made from industrial byproducts) and contributing to the reduction of natural resource consumption and emissions.

The capital raised will be used to strengthen research and development activities, increase production capacity, and develop commercial activities. The company will also use the resources to expand its commercial network and create a new-generation laboratory dedicated to the development of alternative binders.

LCA Studio Legale assisted CDP Venture Capital, and Studio Legale Target assisted Eureka! Venture Capital and Nova Capital.

Baker McKenzie advised BeNewtral and its founding partners, with a team coordinated by Alberto Fornari (Partner) and Mario Cigno (Counsel).

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