Renault co-led a round for the electric vehicle battery developer, investing alongside fellow corporates Arkema, Capgemini, Schneider Electric, Tokai Cobex and Groupe Idec.

France-based battery producer Verkor secured €100m ($118m) on Tuesday in a funding round co-led by carmaker Renault Group and EQT Ventures, the venture capital arm of private equity firm EQT Partners.

Advanced materials producer Arkema, digital consultancy Capgemini, energy management equipment producer Schneider Electric, carbon product manufacturer Tokai Cobex and property developer Groupe Idec also took part in the round.

Demeter’s Fund for Ecologic Modernisation of Transport, EIT InnoEnergy and the governments of France and the Auvergne-Rhône-Alpes region filled out…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn