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 :
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