Summary
Industry
Insights
Northvolt is a leader in the growing market for sustainable lithium-ion batteries. Its focus on eco-friendly production methods and location in Stockholm give it a competitive edge. Supported by investors including prominent financial firms and energy companies, Northvolt is well-capitalized to scale its operations. The emphasis on sustainability aligns with global trends towards reducing environmental impact, promoting a shift from less sustainable energy sources. With increasing demand for green technology, Northvolt has the potential to be a key player in the battery manufacturing industry, appealing to environmentally conscious consumers and businesses seeking sustainable energy solutions.
Total Funding
$5.8B
- Series A (2018) $10.8M
- Series D (2023) $150M
- Debt Financing (2024) $5.0B
- Series B (2020-01-01) $600M
- Unknown (2019-01-01) $13.8M
Investors
Vargas Holdings Series A
Siemens AG Series A
Vattenfall Series A
Vattenfall Series A
Goldman Sachs Series D
Decarbonization Partners Series D
AMF Series D
Canada Pension Plan Investment Board Series D
Caisse de Depot et Placement du Quebec Series D
European Investment Bank Debt Financing
Nordic Investment Bank Debt Financing
Norrsken VC Series B
Prima Materia Series B
Omers Ventures Unknown
InnoEnergy Unknown