Portzamparc Groupe BNP Paribas advised Afyren (https://afyren.com/), a greentech company offering manufacturers bio-based, low-carbon ingredients through a unique fermentation technology based on a circular model, on its €7 million capital increase.
Portzamparc Groupe BNP Paribas acted as Financial advisor and Global Coordinator for the transaction.
👉 Details of the transaction:
- Capital increase of €7m at €2.55 per share fully subscribed by the funds managed by Odyssée Venture.
- Total of 2,745,098 new ordinary shares issued.
- Net proceeds of approximately €6.65m will be used, along with the proceeds from the November 26, 2025 capital increase to strengthen AFYREN's equity capital at a key moment, with the ramp-up of its plant, and to cover its general financing needs, including the management of a potential change in the shareholder structure of AFYREN NEOXY, in connection with discussions regarding the liquidity of the stake held by its long-standing co-shareholder SPI.
- The issue of the New Shares represents approximately 7.6% of the Company’s share capital.