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French startup VoltR secures €22 million to scale lithium battery remanufacturing in Europe. This funding includes €16 million in equity investment and €6 million in grants.
Amount Raised
€22 Million
Round Type
Venture
Pays De La LoireManufacturingInvestors
Description
VoltR, a French manufacturer of eco-designed lithium batteries, has secured €22 million to accelerate its industrialisation. The financing includes an equity investment from Bpifrance's SPI 2 Fund and Decathlon PULSE. With this funding, VoltR aims to increase production capacity and create about 40 jobs over the next two years. The investment will help establish remanufacturing as a key player in the European battery value chain.
Fundz sees it the moment VoltR raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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VoltR raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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