CVE

Marseille, France Founded: 2009 • Age: 17 yrs
Independent producer of decentralized renewable energies
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About CVE

CVE is a company based in Marseille (France) founded in 2009.. CVE has raised $139.57 million across 2 funding rounds from investors including ICG and SWEN Capital Partners. CVE has completed 2 acquisitions, including Ecovalim and RestoValor. CVE offers products and services including Solar Energy, Biogas Energy, Hydrogen Energy, Energy Sales, and Consulting Services. CVE operates in a competitive market with competitors including Lightsource BP, SPIE, Reden Solar, TotalEnergies and Qair, among others.

  • Headquarter Marseille, France
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $139.57 M (USD)

    in 2 rounds

  • Latest Funding Round
    $105.64 M (USD), Series D

    Mar 10, 2023

  • Investors
    ICG

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Ecovalim

    & 1 more

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Products & Services of CVE

CVE offers a comprehensive portfolio of products and services, including Solar Energy, Biogas Energy, Hydrogen Energy, Energy Sales, and Consulting Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Generates electricity from solar sources for businesses and communities.

Converts organic waste into energy for sustainable applications.

Produces decarbonized hydrogen for industrial and energy uses.

Sells green energy directly to enterprises and sectors.

Provides expertise on renewable energy transitions and projects.

People of CVE
Headcount 200-500
Employee Profiles 6
Employee Profiles
People
Sylvain Degos
Responsable Des Partenariats Cgp-cif Grand Ouest France - Groupe CVE Https://www.cvegroup.com/
People
Thierry Deffontaines
Exploitation Solaire - Responsable Control Room
People
Fredrik Hagelberg
Business Development Manager
People
Sylvain Legrand
Managing Director Solar - France

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Funding Insights of CVE

CVE has successfully raised a total of $139.57M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $105.64 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series D — $105.6M
  • First Round

    (06 Jan 2022)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2023 Amount Series D - CVE Valuation ICG
Jan, 2022 Amount Series C - CVE Valuation SWEN Capital Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CVE

CVE has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include ICG and SWEN Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
ICG is recognized as a global alternative asset manager.
Founded Year Domain Location
Private equity firm focused on multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CVE

CVE has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ecovalim and RestoValor. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Waste management services are provided by RestoValor in France.
2019
Bio waste management services are provided in France by Ecovalim.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - CVE

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cve Comparisons

Employees
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Competitors of CVE

CVE operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lightsource BP, SPIE, Reden Solar, TotalEnergies and Qair, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Solar energy projects are developed and operated by Lightsource BP.
domain founded_year HQ Location
SPIE is recognized as a leading European provider of multi-technical services in energy and communications.
domain founded_year HQ Location
Developer of solar projects
domain founded_year HQ Location
TotalEnergies is engaged in producing and marketing multi-energy solutions.
domain founded_year HQ Location
Solar energy projects are developed by Qair in renewable sector.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cve

Frequently Asked Questions about CVE

When was CVE founded?

CVE was founded in 2009 and raised its 1st funding round 13 years after it was founded.

Where is CVE located?

CVE is headquartered in Marseille, France. It is registered at Marseille, Provence-alpes-cote D'azur, France.

Is CVE a funded company?

CVE is a funded company, having raised a total of $139.57M across 2 funding rounds to date. The company's 1st funding round was a Series C of $33.93M, raised on Jan 06, 2022.

What does CVE do?

CVE was founded in 2009 and is headquartered in Marseille, France. Operations are centered on the renewable energy sector, with a focus on decentralized production. Solar, biogas, and hydrogen projects are developed and managed internationally in markets supportive of such initiatives. Services provided include energy sales, technical solutions, environmental support, and consulting to businesses, communities, and the agricultural sector, aiding decarbonization processes.

Who are the top competitors of CVE?

CVE's top competitors include Lightsource BP, TotalEnergies and Reden Solar.

What products or services does CVE offer?

CVE offers Solar Energy, Biogas Energy, Hydrogen Energy, Energy Sales, and Consulting Services.

How many acquisitions has CVE made?

CVE has made 2 acquisitions, including Ecovalim, and RestoValor.

Who are CVE's investors?

CVE has 2 investors. Key investors include ICG, and SWEN Capital Partners.

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