Eurazeo joins Norrsken VC, Creandum in €192m battery storage bet: 'A fundamental need'

Melissa Cohen, co-head of infrastructure at Eurazeo (left) and Terralayr CEO Philipp Man. Press photos/Impact Loop
19 jan. 2026
15:27
Melissa Cohen, co-head of infrastructure at Eurazeo (left) and Terralayr CEO Philipp Man. Press photos/Impact Loop
As Europe scrambles to stabilise its power grid, Eurazeo is joining Norrsken VC, Creandum and other prominent VCs with a €192m bet on German scaleup Terralayr.

French private equity firm Eurazeo has led a €192m investment into German energy storage company Terralayr, as growth capital starts to play an outsized in the booming grid tech market.

Existing VC backers including Norrsken VC, Creandum, Earlybird Venture Capital, Picus Capital, and RIVE Private Investment also joined the round.

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