Northvolt

Company

Investment-firm

Last deal

$5B
Local Amount - EUR 4.6B

Amount

Debt Financing

Stage

16.01.2024

Date

16

all rounds

$13.6B

Total amount

General

About Company
Northvolt develops sustainable lithium-ion batteries and supports clean energy through R&D, industrialization, and recycling.

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Also Known As

SGF Energy

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Founded in 2016 in Stockholm, Sweden, Northvolt aims to provide the automotive industry with environmentally friendly batteries and establish a supply of sustainable battery cells and systems. Their batteries are designed to minimize carbon footprints and enable the transition to renewable energy. Northvolt is known for creating batteries with various characteristics, shapes, and sizes, and their plants produce eco-friendly batteries for electric vehicles.
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