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September 14, 2023

French gigafactory scaleup Verkor raises record €850m equity round

The three-year-old startup has raised the second largest round in Europe this year to build a gigafactory in the north of France

French gigafactory startup Verkor has closed an €850m Series C round and says it is on course to secure an additional €1.2bn of non-equity funding, making for a total €2bn in financing.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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