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.
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.
05/03/24, 12:11 PM
Location
pays de la loireMoney raised
€4 million
Industry
manufacturing
Round Type
series a
Investors
Chamber Of Commerce And Industry (Cci) Of The Region, Anjou Amorçage, Pays De La Loire Participations, Exergon, C4 Ventures
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 Info
Location
pays de la loire, france
Additional Info
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.