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Northvolt

ID: 6116784

Startups icon Seedtable Score 65 Startups icon Startups

5

Funding 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.

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Financial Details

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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
Northvolt logo
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