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The future of batteries needs more than v... - aVenture News

The future of batteries needs more than venture capital

From TechCrunch

By Anna Heim

September 16, 2023

The future of batteries needs more than venture capital

French battery maker Verkor secured more than €2 billion (around $2.1 billion) to build its Dunkirk gigafactory, which is set to be operational by 2025.

Most Recent

Startup Battlefield is returning to Australia — here’s what happened the last time we came to Sydney

On August 19, Startup Battlefield is returning to Sydney in partnership with Stripe, one of the world's most iconic technology companies. We're taking over Stripe Tour Sydney for a night that the Australian startup ecosystem won't forget.

Jun 4, 2026

Is Silicon Valley ready to put robots in people’s homes? Hello Robot is.

The California startup released the fourth-generation of its home assistance robot, Stretch.

Jun 4, 2026

Benchmark raises its first-ever growth fund as part of $2B capital haul

The legendary Silicon Valley VC firm abandons its more than 20-year tradition of keeping its funds to about $425 million.

Jun 3, 2026

Quick-commerce FirstClub doubles valuation to $255M in 9 months

The Bengaluru startup has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch.

Jun 3, 2026

Most Recent

Startup Battlefield is returning to Australia — here’s what happened the last time we came to Sydney

On August 19, Startup Battlefield is returning to Sydney in partnership with Stripe, one of the world's most iconic technology companies. We're taking over Stripe Tour Sydney for a night that the Australian startup ecosystem won't forget.

Jun 4, 2026

Is Silicon Valley ready to put robots in people’s homes? Hello Robot is.

The California startup released the fourth-generation of its home assistance robot, Stretch.

Jun 4, 2026

Benchmark raises its first-ever growth fund as part of $2B capital haul

The legendary Silicon Valley VC firm abandons its more than 20-year tradition of keeping its funds to about $425 million.

Jun 3, 2026

Quick-commerce FirstClub doubles valuation to $255M in 9 months

The Bengaluru startup has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch.

Jun 3, 2026

Similar Posts

The 25 battery tech startups that just got a piece of $3B in federal funds

The federal government is handing out another $3 billion to startups in the buzzy battery tech sector. The investment, which the Biden administration announced Friday, is the latest injection of capital to come from a $16 billion pot that the Department of Energy set aside to build out local battery manufacturing, processing, and recycling facilities. It’s part of the broader Inflation Reduction Act, which passed into law in August 2022 and includes incentives to boost the domestic battery ind

Sep 20, 2024

Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion

When is raising $14 billion not enough? When you’re a battery startup. Northvolt, Europe’s attempt at building a competitor to Asia’s battery manufacturing powerhouses, announced on Monday that it had halted work on a factory expansion and laid off 1,600 employees, or about 20% of the workforce. The company was planning to expand its Ett factory in northern Sweden to scale production to 30 gigawatt-hours annually. The expansion would have supplied cathode active material (CAM), a key component

Sep 24, 2024

Similar Posts

The 25 battery tech startups that just got a piece of $3B in federal funds

The 25 battery tech startups that just got a piece of $3B in federal funds

The federal government is handing out another $3 billion to startups in the buzzy battery tech sector. The investment, which the Biden administration announced Friday, is the latest injection of capital to come from a $16 billion pot that the Department of Energy set aside to build out local battery manufacturing, processing, and recycling facilities. It’s part of the broader Inflation Reduction Act, which passed into law in August 2022 and includes incentives to boost the domestic battery ind

Sep 20, 2024

Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion

Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion

When is raising $14 billion not enough? When you’re a battery startup. Northvolt, Europe’s attempt at building a competitor to Asia’s battery manufacturing powerhouses, announced on Monday that it had halted work on a factory expansion and laid off 1,600 employees, or about 20% of the workforce. The company was planning to expand its Ett factory in northern Sweden to scale production to 30 gigawatt-hours annually. The expansion would have supplied cathode active material (CAM), a key component

Sep 24, 2024

Venture funding remains stable in France thanks to AI startups

Venture funding remains stable in France thanks to AI startups

Alex Dewez, a partner at 20VC, just released its highly anticipated State of the French tech ecosystem report. This is a nice followup to Atomico’s State of European Tech report, with a more granular view on French startups in particular. As a reminder, the bottom line of Atomico’s report is that European startups raised $45 billion in 2024 compared to $47 billion in 2023. That number is only down by $2 billion, but it represents a 50%+ drop compared to 2022 numbers. In France, the overarching

Jan 14, 2025

Natron’s liquidation shows why the US isn’t ready to make its own batteries

Natron’s liquidation shows why the US isn’t ready to make its own batteries

The sodium-ion battery startup went from announcing a $1.4 billion factory to filing for liquidation in just over a year. Natron's troubled journey illustrates the challenges in making batteries in the U.S.

Sep 5, 2025

Venture funding remains stable in France thanks to AI startups

Venture funding remains stable in France thanks to AI startups

Alex Dewez, a partner at 20VC, just released its highly anticipated State of the French tech ecosystem report. This is a nice followup to Atomico’s State of European Tech report, with a more granular view on French startups in particular. As a reminder, the bottom line of Atomico’s report is that European startups raised $45 billion in 2024 compared to $47 billion in 2023. That number is only down by $2 billion, but it represents a 50%+ drop compared to 2022 numbers. In France, the overarching

Jan 14, 2025

Natron’s liquidation shows why the US isn’t ready to make its own batteries

Natron’s liquidation shows why the US isn’t ready to make its own batteries

The sodium-ion battery startup went from announcing a $1.4 billion factory to filing for liquidation in just over a year. Natron's troubled journey illustrates the challenges in making batteries in the U.S.

Sep 5, 2025