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
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
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Sep 2023
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Series A through Debt Financing — per-round amounts, valuations, and who invested in each round.
Investors
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