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27 Feb 2026

Karanovic & Partners Advises ElevenEs on Series B Funding Round Led by Caterpillar Venture Capital

"Karanovic & Partners, together with Stibbe, advised ElevenEs on a Series B investment round led by Caterpillar Venture Capital. The financing is intended to support construction of a battery cell factory in Subotica, Serbia."

Karanovic & Partners and Stibbe advised ElevenEs on its Series B investment round, which was led by Caterpillar Venture Capital. The Series B financing was led by Caterpillar Venture Capital. Proceeds from the round are intended to support construction of a battery cell factory in Subotica, Serbia. Karanovic & Partners represented client(s) ElevenEs with a team composed by: Senior Partner Marjan Poljak, Partner Sava Draca, and Senior Associate Tijana Arsenijevic. Stibbe represented client(s) ElevenEs.
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