About Vergnet
Vergnet is a company based in Ormes (France) founded in 1989.. Vergnet has raised $26 million across 1 funding round from investors including Nass&Wind and Fonds Strategique d'Investissement. The company has 91 employees as of December 31, 2024. Vergnet offers products and services including Wind Solutions, Photovoltaic Solutions, Hybrid Solutions, and Water Solutions. Vergnet operates in a competitive market with competitors including SPIE, TotalEnergies, NewHeat, UNITe and Solstyce, among others.
- Headquarter Ormes, France
- Employees 91 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vergnet S.A.
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Annual Revenue
$4.83 M (USD)-80.06as on Dec 31, 2024
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Net Profit
$-17.51 M (USD)-76.28as on Dec 31, 2024
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EBITDA
$-8.73 M (USD)-47.41as on Dec 31, 2024
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Total Equity Funding
$26 M (USD)
in 1 rounds
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Latest Funding Round
$26 M (USD), Private Equity Round
Apr 14, 2011
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Investors
Nass&Wind
& 1 more
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Employee Count
91
as on Dec 31, 2024
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IPO & Listings of Vergnet
Vergnet is a publicly listed company on the EURONEXT with ticker symbol ALVER in France, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Vergnet
Vergnet offers a comprehensive portfolio of products and services, including Wind Solutions, Photovoltaic Solutions, Hybrid Solutions, and Water Solutions. 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.
Wind energy systems for cyclonic and remote areas
Solar power installations for off-grid locations
Combined energy systems for sustainable power
Water management systems integrated with energy tech
Funding Insights of Vergnet
Vergnet has successfully raised a total of $26M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $26 million completed in April 2011. 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 Funding
- Total Rounds 1
- Last Round Private Equity Round — $26.0M
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First Round
First Round
(14 Apr 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2011 | Amount | Private Equity Round - Vergnet | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vergnet
Vergnet has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Nass&Wind and Fonds Strategique d'Investissement. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Renewable energy projects are developed and operated by Nass&Wind.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vergnet
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Vergnet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vergnet Comparisons
Competitors of Vergnet
Vergnet 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 SPIE, TotalEnergies, NewHeat, UNITe and Solstyce, 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 |
SPIE is recognized as a leading European provider of multi-technical services in energy and communications.
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| domain | founded_year | HQ Location |
TotalEnergies is engaged in producing and marketing multi-energy solutions.
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| domain | founded_year | HQ Location |
Solar heat and waste heat recovery solutions are provided.
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| domain | founded_year | HQ Location |
Renewable energy power plants are developed and operated globally.
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| domain | founded_year | HQ Location |
Turnkey solar solutions are delivered for PV plants and rooftops.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vergnet
Frequently Asked Questions about Vergnet
When was Vergnet founded?
Vergnet was founded in 1989 and raised its 1st funding round 22 years after it was founded.
Where is Vergnet located?
Vergnet is headquartered in Ormes, France. It is registered at Ormes, Loiret, France.
Is Vergnet a funded company?
Vergnet is a funded company, having raised a total of $26M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $26M, raised on Apr 14, 2011.
How many employees does Vergnet have?
As of Dec 31, 2024, the latest employee count at Vergnet is 91.
What is the annual revenue of Vergnet?
Annual revenue of Vergnet is $4.83M as on Dec 31, 2024.
What does Vergnet do?
Vergnet was founded in 1989 in Ormes, France, and operates within the renewable energy sector. Focus is placed on both wind and solar domains, with projects completed that range from single wind turbines to large-scale farms spanning 200 kW to 120 MW. Over 900 medium-scale wind turbines have been installed across various countries worldwide. Turnkey solar engineering, procurement, and construction services are provided.
Who are the top competitors of Vergnet?
Vergnet's top competitors include TotalEnergies, SPIE and NewHeat.
What products or services does Vergnet offer?
Vergnet offers Wind Solutions, Photovoltaic Solutions, Hybrid Solutions, and Water Solutions.
Is Vergnet publicly traded?
Yes, Vergnet is publicly traded on EURONEXT under the ticker symbol ALVER.
Who are Vergnet's investors?
Vergnet has 2 investors. Key investors include Nass&Wind, and Fonds Strategique d'Investissement.
What is Vergnet's ticker symbol?
The ticker symbol of Vergnet is ALVER on EURONEXT.
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