Batteries
Northvolt
Northvolt raises $1.2B Series Unknown at $12B valuation
$1.2B
Total Raised
Series Unknown
Latest Round
2016
Founded
5000+
Employees
Torsgatan 122, Stockholm 113 90, Sweden
1 min read
Quick Facts
Valuation
$12B
Latest Round Size
$1.2B
Latest Round Date
June 2024
Northvolt: Series Unknown Funding Round
Northvolt has successfully raised $1.2B in Series Unknown funding, reaching a valuation of $12B.
Company Overview
Battery manufacturer
Funding Details
The Series Unknown round was led by Volkswagen, with participation from Goldman Sachs, Baillie Gifford, AMF, Folksam, OMERS, BMO.
Company Information
- Headquarters: Torsgatan 122, Stockholm 113 90, Sweden
- Founded: 2016
- Employees: 5000+
- Category: Batteries
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 Unknown
- Goldman Sachs: Verified investor in Series Unknown
- Baillie Gifford: Verified investor in Series Unknown
- AMF: Verified investor in Series Unknown
- Folksam: Verified investor in Series Unknown
- OMERS: Verified investor in Series Unknown
- BMO: Verified investor in Series Unknown
Key Investors
Volkswagen
Lead Investor
Verified investor in Series Unknown
Goldman Sachs
Investor
Verified investor in Series Unknown
Baillie Gifford
Investor
Verified investor in Series Unknown
AMF
Investor
Verified investor in Series Unknown
Folksam
Investor
Verified investor in Series Unknown
OMERS
Investor
Verified investor in Series Unknown
BMO
Investor
Verified investor in Series Unknown
About the Author
Editorial Team
Curated funding news from verified sources
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