Capital register
The money behind the map
€7.5bn of signed, closed or formally approved capital across 9 declared events and 6 industrial anchors, each amount dated and cited. A further €650m is reported and not confirmed, counted apart.
Funding is not coverage. This register says what has been committed to a site, not what we have published about it; the newest amount here was established 2024-06-11.
- €7.5bn
- Confirmed capital
- €650m
- Reported, not confirmed
- 9
- Declared events
- 6
- Anchors funded
Capital established, year by year
Each bar is the money established in that calendar year: solid for confirmed, hatched for reported and not confirmed. Bars are drawn from the table below and carry no figure the table does not.
| Year | Confirmed | Reported |
|---|---|---|
| 2022 | €1bn | €0m |
| 2023 | €4.5bn | €650m |
| 2024 | €2.1bn | €0m |
Where the money lands
Europe
€7.5bn
Confirmed capital · 100%
€650m — reported, not confirmed
France
€7.5bn
Confirmed capital · 100%
€650m — reported, not confirmed
Auvergne-Rhône-Alpes
€6.8bn
Confirmed capital · 90%
€650m — reported, not confirmed
Grenoble Métropole
€5.8bn
Confirmed capital · 76%
€650m — reported, not confirmed
Isère
€5.8bn
Confirmed capital · 76%
€650m — reported, not confirmed
By instrument
Equity round
€1.8bn
4 events
Debt facility
€1.9bn
2 events
Announced capital spend
€1bn
1 event
State aid
€2.9bn
1 event
Every declared event
Equity round
Mistral AI
France
€600m
ConfirmedFunding round led by an existing investor, the largest French raise of the year in model development at the time.
Established 2024-06-11 · see coverage
Sources (1)
Equity round
Exosens
France
€180m
ConfirmedCapital increase raised at the Euronext Paris listing, inside a global offering of €350m and a market capitalisation of about €1.016bn.
Established 2024-06-07 · see coverage
Debt facility
Verkor
Grenoble Métropole
€1.3bn
ConfirmedGreen loan from nineteen banking entities, allocated to the first gigafactory at an initial 16 GWh per year.
Established 2024-05-24 · see coverage
Sources (1)
Equity round
Aledia
Grenoble Métropole
€120m
ConfirmedRound raised from existing shareholders and the French state through France 2030, to industrialise microLED at Champagnier.
Established 2023-09-23 · see coverage
Sources (2)
Equity round
Verkor
Grenoble Métropole
€850m
ConfirmedSeries C capital signed to launch the Dunkirk gigafactory and the Grenoble innovation centre.
Established 2023-09-14 · see coverage
State aid
Verkor
Grenoble Métropole
€650m
Reported, not confirmedFrench subsidies quoted at around this level in the financing release, subject to final European Commission approval.
Established 2023-09-14 · see coverage
Debt facility
Verkor
Grenoble Métropole
€600m
ConfirmedEuropean Investment Bank debt support approved alongside the Series C.
Established 2023-09-14 · see coverage
State aid
STMicroelectronics
Grenoble Métropole
€2.9bn
ConfirmedFrench state aid secured for the jointly operated 300 mm facility at Crolles, cleared by the European Commission.
Established 2023-06-05 · see coverage
Announced capital spend
Symbio
Auvergne-Rhône-Alpes
€1bn
ConfirmedInvestment programme announced in France to accelerate the fuel-cell innovation and industrialisation roadmap.
Established 2022-10-06 · see coverage
How this page is counted
Every amount on this page was read from a primary release or a named wire, and each event carries its citations with the day they were published. Signed, closed or formally approved money is counted as confirmed. An envelope still awaiting approval, or known only through press estimates, is counted separately as reported and never added to the confirmed total. Euro and dollar amounts are never summed together, and money we have not established is absent rather than shown as zero. Funding is not coverage: an anchor can be funded here and still be undocumented in our coverage register.