Tech Company Financing Transactions
Verkor Funding Round
On 10/3/2023, Verkor landed $2.1 billion in Series C funding from Airbridge Investments, CMA-CGM and Crédit Agricole Assurances.
Transaction Overview
Company Name
Announced On
10/3/2023
Transaction Type
Venture Equity
Amount
$2,106,000,000
Round
Series C
Investors
Proceeds Purpose
This financing will accelerate: the construction of Verkor's first gigafactory, in Dunkirk, and the manufacture of highperformance low-carbon battery cells,
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
2-4 rue Charles Bertier
Grenoble, 38000
FR
Grenoble, 38000
FR
Phone
Undisclosed
Website
Email Address
Overview
Manufacturer of battery cells intended to increase the production of low-carbon batteries to meet the growing demand for electric vehicles. The company focuses on the production of low-carbon batteries that have a carbon footprint multiple times smaller than traditional batteries, which shrinks the logistics footprint including emissions, providing businesses with batteries that are relatively cheap and use carbon-free electricity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benoit Lemaignan
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