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Energy

Northvolt

Northvolt raises $1.2B Series F at $12B valuation

Stockholm, SwedenSeptember 30, 20241 min read
Total Raised
$1.2B
Valuation
$12B
Latest Round
Series F
Employees
5000+

Northvolt: Series F Funding Round

Northvolt has successfully raised $1.2B in Series F funding, reaching a valuation of $12B.

Company Overview

Battery manufacturing for EVs

Funding Details

The Series F round was led by Volkswagen, with participation from Goldman Sachs, BMW.

Company Information

  • Headquarters: Stockholm, Sweden
  • Founded: 2016
  • Employees: 5000+
  • Category: Energy

Investment

Northvolt plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Volkswagen: Verified investor in Series F
  • Goldman Sachs: Verified investor in Series F
  • BMW: Verified investor in Series F

Company Info

Headquarters
Stockholm, Sweden
Founded
2016
Team Size
5000+
Last Round
$1.2B(Sep 2024)

Investors (3)

V
VolkswagenLead
Lead Investor
Verified investor in Series F
G
Goldman Sachs
Investor
Verified investor in Series F
B
BMW
Investor
Verified investor in Series F

Topics

verified(3079)real-funding(3079)northvoltenergyseries-fstockholm

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