Northvolt AB (Bridge Loan)
Funding Details
- Awarder
- Inbox
- Date Award
- June 09, 2025
- Vertical
- Battery Manufacturing
- Funding URL
- View Funding Page
Company Info
- Traction
- Northvolt is in discussions for a bridge loan to secure its operations amidst financial challenges.
- Organizations Involved
- Goldman Sachs Group Inc., Investissement Quebec
- Company Description
- Northvolt AB is a Swedish battery manufacturer focused on producing sustainable battery cells for electric vehicles and energy storage systems. The company aims to establish a circular supply chain for battery production, emphasizing sustainability and reducing environmental impact.
- Market
- Energy Storage
- Location
- Montreal, Quebec, Canada
- Coinvestors
- Goldman Sachs Group Inc., Investissement Quebec