Energy

Northvolt

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

$1.2B
Total Raised
Series F
Latest Round
2016
Founded
5000+
Employees
Stockholm, Sweden
1 min read

Quick Facts

Valuation
$12B
Latest Round Size
$1.2B
Latest Round Date
September 2024

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

Key Investors

Volkswagen
Lead Investor
Verified investor in Series F
Goldman Sachs
Investor
Verified investor in Series F
BMW
Investor
Verified investor in Series F

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources