logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

VoltR raised €4M in a Series A funding round led by C4 Ventures and Exergon to build a lithium battery reconditioning plant and for R&D and talent recruitment.

May 03, 2024•over 1 year ago

Amount Raised

€4 Million

Round Type

series a

Pays de la LoireManufacturing

Investors

Chamber Of Commerce And Industry (Cci) Of The RegionAnjou AmorçagePays De La Loire ParticipationsExergonC4 Ventures

Description

Pays de la Loire, France-based VoltR announced its first fundraising of €4M from C4 Ventures and Exergon, among others. The company plans to use the funding to finance the development of its first lithium battery reconditioning plant, R&D, and the recruitment of new talents.

Company Information

Company

VoltR

Location

Pays de la Loire, France

About

VoltR is a French manufacturer specializing in the reconditioning of lithium batteries, founded in 2022. The company disassembles end-of-life batteries to extract the cells, which are then tested for their health status and used to manufacture remanufactured batteries, offering the same performance as new batteries while reducing their carbon footprint.

Related People

2 contacts

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers