Seed · Climate tech

VoltR raises €4m seed funding for battery remanufacturing

The April 2024 round backed process development, research and recruitment.

VoltR announced €4 million in seed funding on April 29, 2024 to industrialise its lithium battery reconditioning process. Participants included C4 Ventures, Exergon, Pays de la Loire Participations and Anjou Amorçage.

The French manufacturer planned to use the capital to optimise reconditioning processes, develop its technology and recruit staff. Its business gives suitable used lithium cells a second application before recycling.

The seed financing supported the first steps of the company’s industrial development in France.

Use of funds

Optimise battery reconditioning processes

Research and development

Recruit new talent

Funding history

Seed · This round€4M

Sources

  1. VoltR seed announcementvoltr.tech · Apr 29, 2024