Basquevolt — Other

Basque solid-state battery developer Basquevolt announced a new financing agreement with CDTI (Innvierte) investing alongside co-leads EIT InnoEnergy and Enagás Emprende, joining existing shareholders including Iberdrola, CIE Automotive, the Basque Government and CIC energiGUNE. The round amount was not disclosed; the company cites over €700M of investment needed for mass production by 2029.