Karanović & Partners is pleased to announce that our long-standing client, ElevenEs, has completed the first closing of its Series B investment round. The round was led by Caterpillar Venture Capital, Inc., marking a significant milestone in the company’s growth.
The proceeds will support the construction of a battery cell factory in Subotica, Serbia, further strengthening Serbia’s position within the European manufacturing ecosystem.
Karanović & Partners provided ongoing legal support to ElevenEs on the Serbian aspects, with the team led by our Senior Partner Marjan Poljak, Partner Sava Drača, and Senior Associate Tijana Arsenijević.
ElevenEs is a Serbia-based manufacturer of advanced battery cells, developing sustainable solutions for industrial and energy storage applications.
Partner and Senior Associate refer to Independent Attorney at Law in cooperation with Karanovic & Partners.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.
