Verkor

Verkor l Batteries. Now. For the future. l Production de batteries

Grenoble, France · Founded 2020 · $1.3B raised

Headquarters
Grenoble
Employees
501–1000
Founded
2020
Business Model
B2B
Website
verkor.com
Total Funding
$1.3B
Last Round
$920.0M Series CSep 2023
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Verkor is a French battery-cell manufacturer founded in July 2020 in Grenoble, France, with the mission of fast-tracking low-carbon battery production to serve the European electric vehicle and stationary storage markets. Founded by six co-founders including Benoit Lemaignan and Philippe Chain, Verkor employs a digital-native manufacturing approach combining smart process architecture with a minimal environmental footprint. The company opened its first gigafactory in Dunkirk, France in December 2025, with an initial capacity of 16 GWh — enough to supply approximately 300,000 electric vehicles per year — and a long-term target of 50 GWh by 2030. Verkor has a long-term commercial partnership with Renault Group (12 GWh/year supply agreement) and counts EIT InnoEnergy, Schneider Electric, Capgemini, EQT Ventures, Bpifrance, Sibanye-Stillwater, and Plastic Omnium among its backers. The company plans to expand internationally while maintaining its commitment to sustainable, low-carbon battery production.

Summary

Verkor is a Climate Tech company based in Grenoble, France, founded in 2020. It has raised $1.3B in total across 3 rounds, most recently a $920.0M Series C round in Sep 2023. Investors include Renault Group, Macquarie Capital and EQT Ventures.

Tech & App Stack

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Funding History

Series CSeries CSep 2023
$920.0M

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Funding: Series A through Series C. Amounts, valuations, and investors where available.

Investors

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