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Northvolt

Startups icon Seedtable Score 65 Startups icon Startups

5

Founding Rounds

14

Investors

$5.78b

Money raised

Overview

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.

Investors (14)

OMERS Ventures logo OMERS Ventures

Health Tech, FinTech, Foodtech, Gaming, AI, ...

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Norrsken VC logo Norrsken VC

Climate Tech & Green Tech, Health Tech, Edtech, FinTech, Govtech, ...

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Funding

Funding series

Funding Series Analysis

The company Northvolt has raised a total of $5.78b in funding over 5 rounds.

Key Insights:

  • Unknown: $13.76m
  • Series B: $600m
  • Series D: $150.6m
  • Debt Financing: $5b
  • Series A: $10.8m
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Northvolt Unknown (2019, $13M) $13.76m
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Northvolt Series B (2020, $600M) $600m
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Northvolt Series D (2023, $150M) $150.6m
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Northvolt Debt Financing (2024, $5000M) $5b
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Northvolt Series A (2018, $10M) $10.8m