French industrial company Verkor secures more than €2 billion to launch high performance battery gigafactory

Verkor was founded with the sole ambition of fast-tracking low‑carbon battery production in France, to serve the European market. With a team of international experts in the battery sector, Verkor strives for manufacturing excellence by optimising proven technology. Here are details of Verkor’s latest funding round :

🚀 Launch

2020

🏭 Industry

Electronics

🧠Management

Benoit Lemaignan, Christophe Mille, Sylvain Paineau, Philippe Chain, Gilles Moreau, Olivier Dufour, Anna Teyssot, Sam Kim

💸 Funding & Investors

  • Investment (September 2023) : €2 billion (Series C)
  • Investors : led by Macquarie Asset Management

🎯 Funding purpose

Finance Verkor’s first gigafactory, in Dunkirk, new technological development programmes and investments across the low carbon battery value chain.

🌐 Country HQ

France (Grenoble)

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