Grenoble, France – July, 2022 – Woodside Capital Partners is pleased to have been lead advisors to eLichens on this transaction. eLichens, a Grenoble-based start-up specializing in smart sensors, raised capital from New Cosmos Electric, a Japanese company specializing in the design and sale of gas detectors. The approximately $10 million investment gives New Cosmos Electric a minority stake in eLichens.
The deal allows New Cosmos Electric to integrate eLichens’ sensors into its new distributed detectors, among others, on the Japanese market, thus confirming the high-end performance of the technology developed by eLichens. For eLichens, this allows their Aura CO2 station to be distributed in Japan, and provides an opportunity to considerably expand its international market.
Andrew Bright, Managing Director, Rudy Burger, Managing Partner, and Shusaku Sumida, Managing Director are pleased to have led the deal and look forward to eLichens’ and New Cosmos Electric’s continued success and growth.
About eLichens
Founded in December 2014, the Grenoble start-up eLichens aims to enable individuals to digitize their environment. The company relies on its portfolio of patents, know-how and very high-level technical skills to develop and market complete solutions, sensors/data/services to address the industrial, smart city, smart home and IoT markets. eLichens, today employs 36 people based in Grenoble, Paris and the United States. For more information: www.elichens.comwww.elichens.com
About New Cosmos Electric
Established in 1960 and headquartered in Osaka, Japan, New Cosmos Electric has revolutionized the natural gas industry by providing reliable solutions and unmatched innovation. New Cosmos Electric is the global leader in gas sensor production and development. Their innovative product line and six decade history of success is a reflection of their commitment to their customers to always remain one step ahead. For more information: www.newcosmos-global.com
Woodside Capital Partners is a leading corporate finance advisory firm for tech companies in M&A and financings in the middle market. The firm has worked with leading entrepreneurs and investors since 2001, providing ultra-personalized service. Our team has global vision and reach, and has completed hundreds of successful engagements. We have deep industry knowledge and extensive domain experience in the following sectors: Autonomous Vehicles and ADAS, Computer Vision, Artificial Intelligence, CloudTech, Enterprise Software, Information Security, Digital Entertainment & Lifestyle, Health Tech, Internet of Things, Networking / Infrastructure, and Robotics. Woodside Capital Partners is a specialist in cross-border transactions, with extensive relationships among venture capitalists, private equity investors, and corporate executives from global 1000 companies. More about Woodside Capital Partners here.
NOTICE: No information herein is a recommendation that any individual should purchase or sell any particular security in any amount or at all and is not a solicitation of any offer to purchase or sell from or to any individual.
Questions? Contact Rudy Burger, Founder and Managing Partner, Woodside Capital Partners at [email protected] or Katie Elizabeth, Head of Marketing, Woodside Capital Partners at [email protected].