Northvolt
ClosedGreen batteries for a blue planet
Stockholm, Sweden · Founded 2016 · $3.4B raised
- Headquarters
- Stockholm
- Employees
- 5001–10000
- Founded
- 2016
- Business Model
- B2B
- Website
- northvolt.com
- 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
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Jan 2024
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Series B through Debt Financing — per-round amounts, valuations, and who invested in each round.
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