Arkema Acquires Stake in Tiamat

January 12, 2024

Arkema has become a shareholder in Tiamat, a French start-up spun off from CNRS that develops sodium‑ion battery cells, participating in a €22 million fundraising alongside strategic investors Stellantis Ventures and MBDA. The funding will support Tiamat's plan to build a 5 GWh gigafactory in France (with an initial 0.7 GWh tranche targeted by end‑2025) and accelerate Arkema's development of battery‑materials solutions for lithium‑free storage technologies.

Buyers
Arkema, Stellantis Ventures, MBDA
Targets
Tiamat
Industry
Energy
Location
France
Transaction Type
Growth capital

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