Northvolt (Bridge Loan)
Funding Details
- Date Award
- June 09, 2025
- Vertical
- Energy
- Funding URL
- View Funding Page
- Funding Amount:
- $300,000,000
Company Info
- Founding Year
- 2016
- Traction
- Northvolt has faced challenges including layoffs and urgent capital needs, indicating a critical phase in its operational strategy.
- Company Description
- Northvolt is a battery manufacturer focused on producing sustainable batteries for electric vehicles and energy storage systems. The company aims to create a circular supply chain for battery production, emphasizing sustainability and reducing environmental impact.
- Market
- Battery Manufacturing
- Location
- Skellefteå, Norrbotten, Sweden
- Coinvestors
- Goldman Sachs, Investissement Quebec