Verkor, a French industrial company based in Grenoble, was founded with a mission to fast-track low‑carbon battery production in France and serve the European market. Just last week, the company signed a partnership with Renault Group under which it will supply an initial capacity of at least 10 GWh per year for the C and higher segments of the Renault range, as well as for the Alpine models.
Verkor raises €100M
In a recent development, the company announced that it has raised €100M in a fresh round of funding. The round was co-led by EQT Ventures and Renault Group, with participation from the French Government and Auvergne-Rhône-Alpes Region.