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
SkellefteƄ, Norrbotten, Sweden
Coinvestors
Goldman Sachs, Investissement Quebec

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