ProLogium develops and manufactures next-generation lithium ceramic batteries. The company is pursuing a path to become a publicly listed company via a proposed business combination with Translational Development Acquisition Corp. ProLogium plans to use the recently committed capital to scale production and advance construction of a planned gigafactory in Dunkirk, France, which benefits from a potential €1.375 billion subsidy package from the French government. It is also targeting expansion into adjacent applications including data centers, aerospace, and robotics. The company’s financing for the SPAC transaction includes a $50 million committed primary capital investment priced at a pre-money valuation of approximately $3.8 billion from existing shareholders. Transaction advisors include Cohen & Company Capital Markets, Credit Agricole Securities (USA), and BTIG, with several law firms providing legal counsel.

Total raised

$376M

Funding rounds

3

Latest round

Equity

Latest activity

Aug 2026