Northvolt

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Green batteries for a blue planet

Stockholm, Sweden · Founded 2016 · $3.4B raised

Headquarters
Stockholm
Employees
5001–10000
Founded
2016
Business Model
B2B
Total Funding
$3.4B
Last Round
$2.8B Corporate RoundJun 2021
Rounds
2

About

Northvolt is a European battery manufacturer founded in 2016 to enable the transition to a sustainable, decarbonized future. The company manufactures lithium-ion and sodium-ion battery cells and systems using clean energy, targeting a 90% reduction in CO2 emissions compared to coal-powered production. Northvolt supplies batteries for automotive, industrial, and energy storage applications across Europe and North America.

Summary

Northvolt is a Clean Energy company based in Stockholm, Sweden, founded in 2016. It has raised $3.4B in total across 2 rounds, most recently a $2.8B Corporate Round round in Jun 2021.

Tech & App Stack

8 technologies & apps tracked

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Funding History

$2.8B

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