UGGC Law Firm advises Bpifrance in a 14.5 million euro fund-raising from biotech PILI, a pioneer in the development of renewable colors
Biotech company Pili develops bio-based dyes and pigments to reduce the environmental footprint of the color industry. Thanks to its hybrid technology, which combines industrial fermentation and green chemistry, the company offers an environmentally friendly and competitive alternative to petroleum-based dyes and pigments. Pili aims to replace petroleum-based indigo with a bio-based indigo to reduce dependence on petroleum and cut CO2 emissions associated with production by more than 50%.
Legal advice
Bpfifrance was advised by UGGC Law Firm with Charles-Emmanuel Prieur, partner, Laura Malach, consultant and Bernard de la Vallée Poussin, associate and Laurie Durand, associate. Pili was advised by Altaïr Law Firm with Philippe Beauregard, partner, Chiara Mascarello, associate and Elise Yvart, associate
About UGGC Avocats
Founded in 1993, UGGC Avocats is one of the leading independent business law firms in France. UGGC Avocats assists private and public operators. The firm has extensive expertise in legal and tax matters; through its teams and its “family office”, it offers a very large capacity of intervention in France and internationally (Europe, Africa, Asia and South America). UGGC Avocats is positioned as a “client firm” and its approach is based on its ability to mobilize multidisciplinary teams adapted to its clients’ needs. UGGC Avocats is composed of more than 170 lawyers, including 33 partners.