Tech Company Financing Transactions
VoltR Funding Round
VoltR closed a $4.3 million funding round on 6/24/2024. Investors included Anjou Amorçage, C4 Ventures and Exergon.
Transaction Overview
Company Name
Announced On
6/24/2024
Transaction Type
Venture Equity
Amount
$4,300,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to develop its pilot plant, industrialise its refurbishment processes, carry out research and development and recruit talent.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
7 Rue du Bon Puits
Verrières-en-Anjou, 49480
France
Verrières-en-Anjou, 49480
France
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Maximizing the value of lithium batteries by giving them a second life. VoltR manufactures batteries that offer the same performance as new batteries (quality, capacity, durability) while considerably reducing their carbon footprint through the use of reconditioned cells. The second life is a necessary step and more value-creating than recycling.
Management Team
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