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Today: September 17, 2024
September 17, 2024
1 min read

Telles Guides Bling Energy in Securing €2M Investment Round

TLDR:

  • Telles advised Bling Energy on a €2M investment round to promote energy transition in Portugal and globally.
  • Bling Energy aims to double its workforce by the end of the year and reach three thousand customers by 2026.

In a recent deal, Telles has provided legal advice to Bling Energy in a 2 million euro investment round. The investment is intended to support the energy transition in the residential market in Portugal and accelerate the company’s growth and expansion into global markets. With this funding, Bling Energy aims to contribute to a more sustainable future and increase access to clean energy. The company is also planning to double its workforce by the end of the year and reach three thousand customers by the end of 2026.

The deal team from Telles, led by partner Ofélia Pinto de Queiroz and supported by lawyers Delber Pinto Gomes, João Pedro Folhadela, and Catarina Isidro, facilitated this round of financing. The original investors, including Joaquim Sérvulo Rodrigues and members of the José de Mello family, participated in this investment round, alongside a venture capital fund managed by Lince Capital.

This investment is a significant step for Bling Energy as they work towards their goal of a more sustainable future and increased access to clean energy. With Telles’ guidance, the company is poised for growth and expansion both in Portugal and on a global scale.

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