Verkor logo — Batteries. Now. For the future.

Verkor

Batteries. Now. For the future.

Founded 2020 France France 653 employees Series C Total: $3.77B Industrial, Manufacturing +1

General Information

Company Name Verkor
Founded Year 2020
Location France France +1
Employees 653
Industries Industrial, Manufacturing, Energy Storage
Funding Stage Series C
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About Verkor

Verkor, based in Grenoble, France, is emerging as a formidable player in the low-carbon battery manufacturing sector. Founded in 2020, Verkor is strategically positioned to capitalize on the surging demand for electric vehicles and stationary storage solutions across Europe.

The company boasts a robust financial and strategic backing from industry giants such as EIT InnoEnergy, Groupe IDEC, Schneider Electric, Capgemini, Renault Group, and EQT Ventures. Their recent Series C funding round on 30 October 2024, led by ING Sustainable Investments and EnerSys, reinforces their financial stability and growth trajectory.

Verkor's innovative approach, epitomized by the development of a fully digital 4.0 pilot line, sets a benchmark for excellence and resource efficiency. With a comprehensive strategy emphasizing agility and sustainability, Verkor is well-positioned to establish a leading value chain and spearhead European advancements in energy storage.

Taxonomy: low-carbon batteries, electric vehicles, battery manufacturing, electric mobility, stationary storage, resource efficiency, gigafactory, industrial technology, logistics optimization, carbon footprint reduction, battery cell production, innovative manufacturing

Services & Products

Production of low-carbon batteries
Energy storage solutions
Development of sustainable industrial practices
Innovation in battery technology

Target Customers

Electric vehicle manufacturers Industrial applications Energy companies Government and institutional partners in sustainability projects

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Series C Unknown 2 ING Sustainable Investments, EnerSys 30 Oct 2024
Debt Financing €1.30B 10 Standard Chartered Bank, SMBC Trust Bank +2 24 May 2024
Grant €650.00M 2 France 2030, European Commission 14 Sep 2023
Series C €850.00M 10 Sibanye-Stillwater, Renault Group +2 14 Sep 2023
Debt Financing €600.00M 1 European Investment Bank 12 Jul 2023

View All 8 Funding Rounds

Verkor Alternatives & Competitors

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FAQ About Verkor

Batteries. Now. For the future.
Verkor was founded in 2020.
Verkor is headquartered in France.
Verkor operates in the following industries: Industrial, Manufacturing, Energy Storage.
Verkor has approximately 653 employees.
Verkor has completed 8 funding rounds, raising a total of $3.77B. The latest funding stage is Series C.
Verkor offers: Production of low-carbon batteries, Energy storage solutions, Development of sustainable industrial practices, Innovation in battery technology.
Top alternatives and competitors to Verkor include Basquevolt, EV Electra ltd , Pivot Power, BMS PowerSafe, IQHi Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Verkor and Basquevolt are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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