Northvolt
Northvolt manufactures batteries within the energy and technology sectors. The company produces lithium-ion, sodium-ion, and lithium-metal batteries, and offers systems for energy storage and battery management software. It was founded in 2016 and is based in Stockholm, Sweden. In November 2024, Northvolt filed for bankruptcy.
Total Funding
$14316M
Investors
5
Funding Rounds
5
Industry Classification
Funding History (2)
Unattributed - II
Jun 2024
$0.50M
Investors:
Tioex
Loan - III
Jan 2024
$5000M
Investors:
European Investment Bank
Nordic Investment Bank
Undisclosed Investors
Investors (5)
Tioex
Asset/Investment Management
📍 Sweden
European Investment Bank
Investment Bank
📍 Luxembourg
Nordic Investment Bank
Investment Bank
📍 Finland
Die Bundesregierung
Government
📍 Germany
Caisse de depot et placement du Quebec
Asset/Investment Management
📍 Canada
Competitors (1)
Exit Events (3)
acquired
Northvolt - Systems Industrial Business
Feb 2025
Divestiture
acquired
Nov 2024
Divestiture
acquired
Oct 2024
Divestiture
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