Led · Equity · Aug 2026

Founded in 2019 and based in Aix-en-Provence, Chargepoly develops an integrated solution combining rapid charging hardware, modular power-distribution architecture and a software suite called Lucie for fleet charging management. The company targets depot charging for trucks and buses and reports operating several hundred charging points across France, the U.K. and Canada. Chargepoly says its installations contribute to decarbonizing more than one million kilometers of freight transport per month and that it has run interoperability tests on over fifty electric truck models. Its customers include Groupe Rave, Nationex and CMA CGM, and it collaborates with vehicle manufacturers such as Renault Trucks, Volvo Trucks and Daimler Truck. Chargepoly plans to use the new capital to accelerate international expansion and continue evolving its platform technology.

Led · Equity · Jul 2026

Raxio designs and operates carrier-neutral, Tier III colocation data centers across several African markets, including Uganda, Ethiopia, Mozambique, the Democratic Republic of Congo, Côte d’Ivoire and Angola, with planned expansion into Tanzania. The company focuses on greenfield data center builds and emphasizes efficient power and water usage, with efforts to incorporate renewable energy alongside grid infrastructure as capacity grows. Raxio is increasing rack densities to support higher-power workloads such as AI and high-performance computing and reports a growing pipeline of opportunities requiring 10 MW+ deployments. Commercial momentum is strong: Raxio signed contracts representing six times more power capacity in the first half of 2026 than in the same period of 2025. Financially, the company has assembled committed capital above $380 million through equity injections from shareholders Roha and Meridiam, a $100 million financing package from the International Finance Corporation in 2025, and debt financing from Proparco and the Emerging Africa & Asia Infrastructure Fund. Management says the company will use new capital to expand its footprint, accommodate larger customer deployments and invest in infrastructure to meet more demanding computing workloads.

Led · Equity · Apr 2025

iwell builds modular, software-driven EMS and BESS solutions that store clean, low-cost energy and deploy it when demand and prices peak to lower bills, reduce grid strain, and maximise on-site renewables. The company targets commercial and industrial sectors where stable power is mission-critical, including logistics, transportation and manufacturing, and has a partnership with DAF Trucks for e-truck electrification customers. iwell emphasises an AI-driven energy platform and combines hardware and software expertise to optimise energy flows rather than selling batteries alone. The company has offices in Belgium, Germany and the UK and says it has investable business cases for over 400 partners. With the new funding iwell plans to accelerate international expansion—initially focusing on Germany and the UK—and invest significantly in software development, data analytics and AI capabilities. Founded in 2016, the company positions itself to help address grid congestion and rising demand across Europe.

Participated · Equity · Apr 2024

Exoes provides advanced engineering services to car manufacturers and fluid manufacturers focused on EV platforms. The company operates as a one-stop-shop spanning design and simulation to prototyping, testing and vehicle integration, enabling delivery of complex projects within months. Since 2019 Exoes has been developing its own battery packs through a dedicated subsidiary, with a focus on immersion cooling technology. It serves over 25 blue‑chip clients across the EU, the UK and the USA. Co‑founded by Arnaud Desrentes and Rémi Daccord, Exoes intends to use the new funding to pursue market opportunities and grow its team of engineering experts. The company raised €35M in funding from strategic backers.

Participated · Series C · Sep 2023

Verkor is building a Gigafactory in the Dunkirk area to produce low-carbon battery cells with an initial capacity of 16 GWh/year. The Dunkirk facility is slated to be operational in 2025 and is expected to create about 1,200 direct jobs and 3,000 indirect jobs over the next two years. Verkor positions its product as having one of the smallest environmental footprints in the world and has received a “Dark Green” rating from Standard & Poor’s for the project financed by the green loan. The company aims to supply the European automotive industry and contribute to Europe’s industrial sovereignty in electric mobility and energy storage. Verkor has secured substantial project financing—bringing total financing for the first Gigafactory and the Verkor Innovation Centre to more than €3 billion—supporting construction, ramp-up and growth. Verkor is a French, Renault-backed battery manufacturer producing pouch and cylindrical battery modules for electric vehicles and energy-storage applications. The company is accelerating construction of a gigafactory in Dunkirk. To fund that expansion it secured more than €2 billion (roughly $2.1 billion). The financing package is intended to speed up the Dunkirk project and support Verkor’s industrialisation plans. Verkor framed the raise as a landmark equity event for a French startup. The company cited public support, including pending French subsidies, as part of the package. French President Emmanuel Macron was quoted by the company praising the deal as a sign of reindustrialisation ambition. Verkor develops battery cells and related technology, operating a technology and innovation centre (Verkor Innovation Center, VIC) in Grenoble. The VIC will host development work and pilot production with a reported pilot capacity of 150 MWh. Verkor plans series production of those cells at a cell factory in Dunkerque beginning in 2025. The company has secured more than €250 million in financing that will flow into the VIC and technology development. Financing sources include industrial partners in the battery sector, commercial banks, investment funds and public banks, with specific participation from the European Investment Bank and support from Bpifrance Assurance Export. Verkor is also issuing a convertible bond to be subscribed by financial partners and industrial partners, and employees will be able to participate. The company says its financing needs are not yet fully covered as it pursues funding for a planned 16 GWh/year gigafactory in the Port of Dunkirk. Verkor is a French start-up specialized in the development and production of high-performance batteries, particularly for electric vehicles. The company is building a Verkor Innovation Center near Grenoble, planned to be operational in 2022, to optimize industrial processes and develop next-generation batteries. Verkor plans to launch its first Gigafactory for battery production, with construction expected to start in 2023. The company recently completed a €100 million fundraising round, to which Arkema contributed several million euros. Verkor is working in close technological collaboration with partners including Renault Group, EQT Ventures, EIT InnoEnergy, Groupe IDEC, Schneider Electric, Capgemini, Tokai Cobex, and Demeter to establish an integrated industrial battery production chain in Europe.