Northvolt

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