Aymium’s Series B Financing

Latham & Watkins represented Aymium in the financing.

Aymium, the leading producer of renewable biocarbon products, has secured Series B funding to support capacity expansion and increased deployment of its environmental technologies bringing total investment in the company to over US$200 million.

Aymium produces high-value biocarbon and biohydrogen products that can be used to immediately replace fossil fuels in the production of metals, energy, crops, and in the purification of water and air with no modifications to equipment or processes. Produced using sustainably sourced biomass – recovered and unusable wood – Aymium’s bioproducts are renewable, carbon-negative and they replace emission-heavy fossil fuels such as coal and coke. Aymium’s leading technology is backed by more than 250 issued or pending patents on a global basis. Aymium is headquartered in Minnesota.

Credit Suisse Securities (USA) LLC acted as exclusive placement agent in connection with Aymium’s Series B financing.

Latham & Watkins represented Aymium in the financing with a corporate deal team led by Bay Area partner Eric Schwartzman (Picture), New York partner Michael Benjamin, and Bay Area partner Navneeta Rekhi, with Bay Area associate Tyler Warner. Advice was also provided on additional corporate matters by Boston partner John Chory; on data and technology transactions matters by New York partner Jeff Tochner; on tax matters by Century City partner Pardis Zomorodi; on benefits and compensation matters by Bay Area partner Erin Murphy; and on regulatory and compliance matters by Washington, D.C. partners Damara Chambers, Erin Brown Jones, Eric Volkman, and Washington, D.C. counsel Andrew Galdes.

Involved fees earner: Michael Benjamin – Latham & Watkins; Erin Brown Jones – Latham & Watkins; Damara Chambers – Latham & Watkins; John Chory – Latham & Watkins; Andrew Galdes – Latham & Watkins; Erin Murphy – Latham & Watkins; Navneeta Rekhi – Latham & Watkins; Eric Schwartzman – Latham & Watkins; Jeffrey Tochner – Latham & Watkins; Eric Volkman – Latham & Watkins; Tyler Warner – Latham & Watkins; Pardis Zomorodi – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Aymium;