Tech Company Financing Transactions
MECAWARE Funding Round
MECAWARE, operating out of Bully, secured $42.1 million in investment from BNP Paribas Développement, Crédit Agricole Assurances and EIT InnoEnergy.
Transaction Overview
Company Name
Announced On
10/6/2023
Transaction Type
Venture Equity
Amount
$42,120,000
Round
Series A
Proceeds Purpose
This fundraising will also enable the development of the operational governance of commercial activities and the structuring of the teams involved (workforces will increase from 40 people at the end of 2023 to 80 in 2024).
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
395 chemin du Grand Laval
Bully, 69210
FR
Bully, 69210
FR
Phone
Undisclosed
Website
Email Address
Overview
MECAWARE, a French industrial Deep Tech start-up, produces critical and strategic raw materials by recycling technological waste from end of life batteries and production scraps. Founded in 2020 and based in Lyon-France, MECAWARE's mission is to design and deploy in situ, game-changing and disruptive eco² efficient(*) industrial solutions. This disruptive technology developed by MECAWARE is a breakthrough innovation in chemistry based on synergistic CO2 capture and critical metal recycling.
Management Team
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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