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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Founded in 2015 as SGF Energy, Northvolt is a Swedish company specializing in the development and manufacturing of eco-friendly lithium-ion batteries. The company’s core mission is to provide sustainable energy solutions to support the global transition away from fossil fuels. With headquarters in Stockholm, Northvolt aims to produce batteries with a significantly lower carbon footprint by utilizing clean energy in their manufacturing processes. Their products are designed for various applications, including electric vehicles and energy storage systems, targeting markets that prioritize sustainability and environmental responsibility.
Notable figures associated with Northvolt include co-founders Peter Carlsson, Paolo Cerruti, Harald Mix, and Carl-Erik Lagercrantz. The company has attracted significant investment and partnerships, contributing to its rapid growth and expansion. Key achievements include the establishment of multiple gigafactories and securing major contracts with leading automotive manufacturers. Northvolt's impact is evident in its contribution to reducing carbon emissions and promoting renewable energy, positioning it as a pivotal player in the global shift towards sustainable energy solutions.
Operating Status
Active
Ownership Type(s)
Venture Capital, Private Equity
Main Product(s)
Batteries
Technology
Cleantech
Tags
Hardware, Manufacturing
Model Types
Transactional, Recurring
Revenue Type(s)
Enterprise, Government
Customer Type(s)
Global
When was Northvolt founded?
Northvolt was founded in 2015.
Where is Northvolt’s headquarters located?
Northvolt’s headquarters is located in Stockholm, SE.
When was Northvolt’s last funding round?
Northvolt’s most recent funding round was for $4.6B (USD) in January 2024.
How many employees does Northvolt have?
Northvolt has 3512 employees as of Feb 4, 2024.
How much has Northvolt raised to-date?
As of July 05, 2023, Northvolt has raised a total of $13.5B (USD) since Jan 16, 2024.
Add Comparison
Total Raised to Date
$13.5B
USD
Last Update Jan 16, 2024
Last Deal Details
$4.6B
USD
Jan 16, 2024
Debt Financing
Total Employees Over Time
3512
As of Feb 2024
Northvolt Address
Stockholm,
Sweden
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Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts