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Corporation
AUTOMOTIVE & TRANSPORTATION | Automobile Parts
valeo.com

Investments

5

Portfolio Exits

2

Partners & Customers

10

About Valeo

Valeo (Euronext: FR) is a multinational automotive supplier based in France, providing a wide range of products to auto manufacturers and after-markets.

Headquarters Location

2, rue Andre Boulle

Creteil, 94046,

France

+33148988600

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Research containing Valeo

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CB Insights Intelligence Analysts have mentioned Valeo in 4 CB Insights research briefs, most recently on Feb 2, 2023.

Latest Valeo News

‘Electric cars the most efficient route to zero-carbon mobility’: Valeo CEO

May 5, 2023

Valeo CEO Christophe Périllat speaks about the need to develop right size solutions for every need, from small city cars to premium sedans in his keynote address at Car Symposium 2023. 6 Views Share - At the Car Symposium 2023 held from May 3-4, 2023 in Bochum, Germany, leading automotive industry participants discussed the key trends in the automotive industry. In the introduction to his keynote address on ‘Next Steps to the Green Car’, Christophe Périllat, Valeo Chief Executive Officer, said: “The world needs to be decarbonised. And, of course, our sector has an important role to play in this challenge.”  “We need solutions that are the right size for every need, from small city cars to premium sedans. That is why Valeo develops solutions for every area and every type of need. Electromobility cannot be the luxury of a few,” explained Perillat. The French component and technology major has been one of the first companies in the automotive industry to bet on electrification and is a world leader in both powertrains and thermal systems, the two fields that make efficient electromobility possible. Today, as per the company, one out of every three cars in the world are equipped with Valeo’s electrification technologies. “We have already equipped more than 90 car models with our high-voltage powertrains. Our newly developed electric axle creates more than 5 percent more efficiency and more than 40 percent additional power density with the new 800 V inverter generation. Including the electric motor, inverter and reducer, it is 10 percent lighter and 20 percent more compact than the previous generation,” detailed Perillat. But beyond the electrification of the powertrain, the adoption of EVs relies heavily on the performance of the batteries. The Valeo CEO explained how “the limiting factor of fast charging is no longer the cell chemistry but the cooling during charging to avoid thermal runaways.“. Valeo is working with Total Energy on a breakthrough immersive cooling technology that will be the key technology enabling ultra-fast charging and securing battery aging. And, as “good thermal management results in longer battery life while improving range without sacrificing comfort. The Group has developed a smart heat pump that works twice as efficiently as classic electric heaters with 20% less weight and will be introduced in the market in October 2023. The smart heat pump ensures both the comfort of the passengers and increases the range significantly of the vehicle, especially when outside temperatures are low. A new variant relying on a green refrigerant combined with radiant panels will further improve efficiency and avoid any P-FAS in the car. Focus on sustainability According to Valeo, every day, the company’s 10,000 engineers around the world work on developing technologies and services to make electromobility more affordable and efficient, but also to save valuable resources. “We ensure that each of our technologies is designed with a robust design for high durability, repairability, remanufacturing and recycling,” explained Christophe Périllat before presenting an example: “Just a year ago, it was considered impossible but in 2022 we used 100 percent recycled polycarbonate in headlights and 100 percent recycled polypropylene in HVAC systems.” Valeo will also extend remanufacturing to answer to the growing electronisation of the cars driven by EV and ADAS. There is also enhanced focus on preserving natural resources “Together with Renault, we are developing an electric motor that does not require any rare earths at all,” says Christophe Perillat, “we aim to be the first to mass-produce a 200kW, 800V, rare earth-free motor by 2027.” At the end of his keynotes, he concluded by saying that “our industry has a unique opportunity – and we all have an enormous responsibility for the success of this transformation. At Valeo, we are proud to make green mobility a reality.” Image: Valeo/Twitter

Valeo Investments

5 Investments

Valeo has made 5 investments. Their latest investment was in Valeo Siemens as part of their Corporate Minority on February 2, 2022.

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Valeo Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/9/2022

Corporate Minority

Valeo Siemens

$317M

Yes

6

10/7/2020

Series D

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$99M

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10

11/10/2016

Corporate Minority

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10

10/11/2016

Series C

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$99M

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10

6/19/2015

Series B

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$99M

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10

Date

2/9/2022

10/7/2020

11/10/2016

10/11/2016

6/19/2015

Round

Corporate Minority

Series D

Corporate Minority

Series C

Series B

Company

Valeo Siemens

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Amount

$317M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

6

10

10

10

10

Valeo Portfolio Exits

2 Portfolio Exits

Valeo has 2 portfolio exits. Their latest portfolio exit was NAVYA on July 24, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/24/2018

IPO

$99M

Public

4

5/21/2008

Divestiture

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$99M

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10

Date

7/24/2018

5/21/2008

Exit

IPO

Divestiture

Companies

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Valuation

$99M

$99M

Acquirer

Public

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Sources

4

10

Valeo Acquisitions

5 Acquisitions

Valeo acquired 5 companies. Their latest acquisition was Valeo Siemens on July 20, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/20/2022

Other

$99M

$317M

Acquired

1

4/16/2018

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$99M

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10

9/20/2017

Seed / Angel

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$99M

$99M

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10

3/13/2017

Series A

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$99M

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10

6/3/2016

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$99M

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10

Date

7/20/2022

4/16/2018

9/20/2017

3/13/2017

6/3/2016

Investment Stage

Other

Seed / Angel

Series A

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$317M

$99M

Note

Acquired

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Sources

1

10

10

10

10

Valeo Partners & Customers

10 Partners and customers

Valeo has 10 strategic partners and customers. Valeo recently partnered with General Motors on March 3, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

3/27/2023

Client

United States

Valeo wins GM's Supplier of the Year award in ADAS

`` This award is an exceptional milestone in Valeo 's long-standing relationship with GM and we are honored to be recognized .

2

2/23/2023

Partner

Germany

Valeo : Press release – 2022 Results

Valeo signed a major partnership with BMW for which the Group will supply the ADAS domain controller , sensors and software for parking and low-speed maneuvering on the next generation BMW `` Neue Klasse '' platform due to launch in 2025 .

1

2/14/2023

Partner

Germany

BMW : and Valeo engage in a strategic cooperation to co-develop next-generation Level 4 automated parking experience.

The partnership supports both , Valet Parking Type 1 and Type 2 , and will strive for the most advanced solutions for next generation parking experiences up to Level 4 according to market and customer requirements .

7

1/4/2023

Vendor

Israel

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10

11/16/2022

Partner

Israel

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10

Date

3/27/2023

2/23/2023

2/14/2023

1/4/2023

11/16/2022

Type

Client

Partner

Partner

Vendor

Partner

Business Partner

Country

United States

Germany

Germany

Israel

Israel

News Snippet

Valeo wins GM's Supplier of the Year award in ADAS

`` This award is an exceptional milestone in Valeo 's long-standing relationship with GM and we are honored to be recognized .

Valeo : Press release – 2022 Results

Valeo signed a major partnership with BMW for which the Group will supply the ADAS domain controller , sensors and software for parking and low-speed maneuvering on the next generation BMW `` Neue Klasse '' platform due to launch in 2025 .

BMW : and Valeo engage in a strategic cooperation to co-develop next-generation Level 4 automated parking experience.

The partnership supports both , Valet Parking Type 1 and Type 2 , and will strive for the most advanced solutions for next generation parking experiences up to Level 4 according to market and customer requirements .

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Sources

2

1

7

10

10

Valeo Team

29 Team Members

Valeo has 29 team members, including current Chief Executive Officer, Jacques Aschenbroich.

Name

Work History

Title

Status

Jacques Aschenbroich

Chief Executive Officer

Current

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Name

Jacques Aschenbroich

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Work History

Title

Chief Executive Officer

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Status

Current

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