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August Debouzy advised Aptiv taking an equity stake on Krono-Safe in connection with a series B funding
Communiqué IT and Data Protection Competition, Retail and Consumer Law Commercial and International Contracts M&A Real Estate and Construction | 29/05/20 | 1 min. | Alexandra Berg-Moussa François Richard Thibaut Amourette
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August Debouzy advised Aptiv, a company specialized in the design and manufacture of automobile equipment, taking an equity stake through a 10.6 million euros Series B funding round in the French software company Krono-Safe, joining the other historical investors (Safran Corporate Ventures, CEA Investissement, CM-CIC Innovation ATI and Scientipôle Capital).
This operation is part of the industrial and commercial development of the ASTERIOS® tool suite by Krono-Safe. ASTERIOS® offers a range of integrated software tools to help systems engineering teams to ensure their safety and to cope with the increasing complexity of software integration on single- and multi-core architectures.
In parallel with this funding, August Debouzy also advised Aptiv in the conclusion of a framework agreement with Krono-Safe, giving it access to the ASTERIOS® tool suite, with the perspective of an industrial application of the suite in the automobile sector.
The August Debouzy team consisted of Julien Wlodarczyk, counsel, and François Richard, associate, working on corporate law aspects, as well as Alexandra Berg-Moussa, partner, and Thibaut Amourette, associate, on contractual aspects.