Troutman Pepper Advises Nanoramic in Strategic Investment by GM Ventures

BOSTON – Troutman Pepper client Nanoramic Laboratories (“Nanoramic”), a leading energy storage and advanced materials company, recently announced a strategic investment from GM Ventures, the venture capital arm of General Motors Co. (NYSE: GM), to advance the development of EV batteries.  Read a press release about the transaction.  

Nanoramic developed an innovative electrode technology, Neocarbonix® at the Core, and is commercializing it to transform energy storage for electric vehicles. The collaboration between Nanoramic and GM will focus on the joint development and application of Neocarbonix® at the Core for EV lithium-ion batteries, which targets improvements in EV battery cost, efficiency, and sustainability.

Drawing on its deep experience in automotive, energy storage, and venture capital, the Troutman Pepper team counseled Nanoramic in connection with both the commercial and financing aspects of its multipart deal with GM.

Troutman Pepper Partner Nick Stawasz led a cross-practice team advising Nanoramic in the deal. Team members included Amanda Hassan, Dan Sieck, Thomas Walker, and Jeanne Ledwell. The firm’s multifaceted and collaborative approach allowed the corporate team to utilize Troutman Pepper’s complementary practice groups, like energy storage, to help Nanoramic reach its objective.

Consistently recognized as a top-tier national practice, Troutman Pepper’s corporate attorneys regularly handle transactions ranging in size from tens of millions of dollars to multibillion dollars. Core areas of service include private equity, mergers and acquisitions (including cross-border transactions and corporate carve-outs), capital markets and corporate finance, corporate governance, and securities laws compliance. The firm also has particular expertise in advising clients on matters involving fund formation and fund management.

About Troutman Pepper
Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. The firm’s litigation, transactional, and regulatory practices advise a diverse client base, from start-ups to multinational enterprises. The firm provides sophisticated legal solutions to clients’ most pressing business challenges, with depth across industry sectors, including energy, financial services, health sciences, insurance, and private equity, among others. Learn more at troutman.com.