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. Here are details of Mecaware’s latest funding round :
Launch
2020
Industry
Chemical Manufacturing
Management
Arnaud VILLERS d’ARBOUET, Julien Leclaire, Grégoire Sarrail, Thiery STOLL, Jean Caillon, Mathieu Bordy, Lisa Grasser, Rémy CHAINTREAU
Funding & Investors
- INVESTMENT (October 2023) : €40 Million, Series A (equity, debt and state subsidies)
- INVESTORS : led by French VC Crédit Mutuel Innovation, followed by SPI2. Returning investors included sustainable energy firm EIT InnoEnergy, UI Investissement, Kreaxi and BNP Paribas Création.
Funding purpose
Process 100 tons of waste per year by mid-2025.
Country HQ
France (Bully)