Verkor, a French industrial company, is poised to revolutionize battery cell production. Recently, this startup secured a substantial investment of €100 million ($118.6 million) in a funding round co-led by renowned automotive company Renault and venture-capital firm EQT Ventures. Founded just a year ago and based in Grenoble, Verkor aims to construct a battery factory to cater to major automotive brands worldwide. The newly acquired funds will be utilized to establish a research and development facility in France, dedicated to the creation of high-performance lithium-ion cells, a critical component of electric vehicles.
$119M • 2021 • Venture
Verkor, founded just a year ago in Grenoble, aims to build a world-class battery factory for prominent automotive brands worldwide.
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