German energy tech startup becomes Europe's latest unicorn following €50m raise
30 apr. 2026
12:53
A battery energy startup has hit a €1bn valuation with backing from Samsung Ventures, as data centres race to secure long-duration power storage.
German battery startup CMBLU Energy has crossed the €1bn valuation threshold after closing an initial €50m round of its Series C, with Samsung Ventures joining as a new investor.
All existing investors, including Austrian construction giant Strabag, also participated in the round.