ElevenEs Held 1st Closing of Its Series B Investment Round Backed by Caterpillar Venture Capital Inc.
Caterpillar, Inc. (CAT)
Last caterpillar, inc. earnings: 4/28 06:30 am
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Source: Business Wire
Construction of its 1GWh LFP Battery Cell Mega Factory to Begin in February 2026. SUBOTICA, Serbia & LUXEMBOURG--(BUSINESS WIRE)--ElevenEs has completed the first closing of its Series B investment round, backed by Caterpillar Venture Capital, Inc., a wholly owned subsidiary of Caterpillar Inc. (NYSE: CAT) - the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Additionally, an affiliate of BST (HK) Ltd., a leading Hong Kong-based commodity trading house, participated in the round.This transaction represents a significant milestone in the future of European battery manufacturing as the proceeds will be used for the initial phases of infrastructure and equipment toward the planned 1GWh Mega-Factory, with construction starting in February 2026. The first battery cell deliveries are expected in 2027. This project positions ElevenEs at the forefront of the global energy
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News
- Caterpillar Bolsters Mining Technology Solutions with RPMGlobal AcquisitionPR Newswire
- Caterpillar (NYSE:CAT) had its price target raised by analysts at Argus from $625.00 to $820.00. They now have a "buy" rating on the stock.MarketBeat
- Caterpillar CFO Andrew Bonfield to Participate in Fireside Chat at Barclays Industrial Select ConferencePR Newswire
- Caterpillar (NYSE:CAT) had its price target raised by analysts at Bank of America Corporation from $735.00 to $825.00. They now have a "buy" rating on the stock.MarketBeat
- Caterpillar (NYSE:CAT) had its price target raised by analysts at HSBC Holdings plc from $660.00 to $850.00. They now have a "buy" rating on the stock.MarketBeat
CAT
Earnings
- 1/29/26 - Beat
CAT
Sec Filings
- 2/18/26 - Form 4
- 2/18/26 - Form 4
- 2/17/26 - Form 144
- CAT's page on the SEC website