Northvolt (Chapter 11 Bankruptcy)
Funding Details
Awarder
RSS - www.ctvc.co
Date Award
January 22, 2025
Vertical
Batteries
Funding URL
View Funding Page
Company Info
Founding Year
2016
Traction
Northvolt had raised over $15 billion from investors but faced significant operational challenges leading to bankruptcy.
Organizations Involved
BMW, Samsung, Volkswagen
Founders
Peter Carlsson
Market
Electric Vehicles
Location
Skellefteå, Sweden
Coinvestors
Volkswagen, Goldman Sachs, BlackRock
Company Description

Northvolt is a battery manufacturer for electric vehicles, industrial systems, and energy storage systems.

Links
WebsiteCrunchbaseLinkedInTwitter
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