Norton Rose Fulbright advises BayWa r.e. Energy Ventures on its investment in a Swedish energy startup

Global Press release - Business October 16, 2018

Global law firm Norton Rose Fulbright has advised BayWa r.e. Energy Ventures GmbH, a Munich based company, on its investment in the Swedish energy startup Blixt Tech AB (Blixt). As lead investor of Blixt’s seed round, BayWa r.e. Energy Ventures provides the startup with access to the global infrastructure of the BayWa r.e. group. 

Founded in 2018, the new venture capital unit of the BayWa r.e. focuses on digital solutions, storage and e-mobility in Europe and Israel. BayWa r.e. Energy Ventures is looking for innovative startups from across the energy sector to invest as lead or co-investor, during the crucial stages of early development. Blixt is the first investment of BayWa r.e. Energy Ventures and is the first and only company to offer solid state miniature circuit breakers to enable numerous smart metering and smart grid solutions. Based in Stockholm, Blixt has developed a digital circuit breaker. Its lack of mechanical parts makes it possible to cut a circuit within only 250 nanoseconds. The Blixt breaker can be retrofitted for regular fuse boxes and fill the needs of existing breakers, remote controls and smart meters in one single device.

The Norton Rose Fulbright team was led by London partner and head of Nordic Tomas Gärdfors and Munich of counsel Sebastian Frech. In addition, the team included associates Sebastian Eisenhut, Rickard Lilliestierna and Philip Tonkin. 

For further information please contact:

Stefanie Kerschke, PR & Communications Executive Germany
Tel: +49 89 212148 339; Mob: +49 174 34 528 72

Notes for editors:

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.

Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.

Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see For more information, see