2023-07-03 18:05:00
DISPATCH — The private French company “Le Train” announced today that it has raised eight million euros from new partners. With this money, the company plans to open high-speed connections in western France in 2025.
Born in Charente in 2020, the company wants to “operate intra and interregional high-speed traffic starting with the Great West” to connect the metropolises of Bordeaux, Rennes, Nantes and Tours, the large agglomerations of Poitiers, Angoulême and Angers and the cities coasts of La Rochelle and Arcachon.
In January 2023, it indicated that it had placed an order for ten high-speed trains with the Spanish railway manufacturer Talgo, for around 300 million euros, with the objective of launching them on the rails in France in 2025.
In order to contribute to the project, four new players have made their financial appearance, after the banks Crédit Mutuel Arkéa and Crédit Agricole Charente-Périgord, the first to invest in the capital in May 2022. The investors in question are Aquiti Gestion, a company which finances start-ups and SMEs in New Aquitaine, Charente Périgord Expension, a subsidiary of Crédit Agricole or NACO, an investment fund for the New Aquitaine region and local entrepreneurs.
“This fundraising makes it possible to finance Le Train information systems”, in particular reservation systems, “and the launch of the training plan for on-board, driving and commercial teams”, welcomed the company in a communicated.
Le Train also announced the launch of a new funding round in the second half of 2023 to recruit and start pre-operating operations.
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