Cold Pad, a French company specializing in non-invasive fastening technology, has secured over 7 million euros in a new fundraising round. The funding will support Cold Pad’s efforts to expand into the renewable energy and building sectors. rench investors NCI and LBO France lead the round, along with participation from the European Commission’s EIC Fund and Clry. Non-dilutive financing comes from Bpifrance, through the France Relance Nuclaire program, and the European Innovation Council. Cold Pad’s innovative technology, which avoids intrusive or hot work and extends the lifespan of infrastructure, is already recognized by major French companies such as EDF and Total Energies. This funding will facilitate Cold Pad’s plans to develop solutions for nuclear energy and wind energy markets.

Renewable Energy, Construction, Technology,France, European Union

Deep Tech Cold Pad secures Over 7 million euros to expand in renewable energy and the building sector