Firm News

Kleinberg Kaplan Advises Paulson as a Lead Investor in Battery Technology Company, Ambri

Firm News | August 18, 2021 | Mergers & Acquisitions | Investment Management | Hedge Funds

Kleinberg Kaplan client, Paulson & Co., Inc., was a lead investor in a recent Series E Preferred Share capital raise for Ambri Inc., a developer of a new battery technology that will enable power grids to operate more efficiently using stored renewable resources. The funds from this round will be used in new manufacturing facilities to help meet the demand of the energy storage market and other industrial customers.

Kleinberg Kaplan team members representing Paulson in the financing round include partners Christopher P. Davis and Arinze Ike and associate Alex Shiekman. For more information on the Series E capital raise, please view the press release provided by Ambri, here.