Batteries
Northvolt
Northvolt raises $1.2B Series Unknown at $12B valuation
Torsgatan 122, Stockholm 113 90, SwedenJune 6, 20241 min read
Total Raised
$1.2B
Valuation
$12B
Latest Round
Series Unknown
Employees
5000+
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
Company Info
Headquarters
Torsgatan 122, Stockholm 113 90, Sweden
Founded
2016
Team Size
5000+
Last Round
$1.2B(Jun 2024)
Investors (7)
V
VolkswagenLeadLead Investor
Verified investor in Series Unknown
G
Goldman SachsInvestor
Verified investor in Series Unknown
B
Baillie GiffordInvestor
Verified investor in Series Unknown
A
AMFInvestor
Verified investor in Series Unknown
F
FolksamInvestor
Verified investor in Series Unknown
O
OMERSInvestor
Verified investor in Series Unknown
B
BMOInvestor
Verified investor in Series Unknown
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