HPP acted as legal advisor to Liikennevirta Oy in its equity financing round in connection with a EUR 85 million financing arrangement. In total EUR 65 million of the growth financing has been arranged in the form of equity financing from current shareholders. In addition, the company has secured a 20 million EUR funding from Business Finland, which offers innovation funding for companies and research organizations. The funding round as a whole is one of the biggest in the sector in recent years.
Liikennevirta is one of the fastest growing companies in the field of smart electric vehicle charging services. The company was ranked on the Financial Times 1000 Europe’s Fastest Growing Companies list for the fourth time in a row in 2023.