Manufacturer of sustainable lithium-ion batteries.


Seedtable Score
  • 64
Company Size
  • 1001 to 5000 employees
Last Stage Round
  • Debt Financing


This section hypothesizes why Northvolt can be a $10 billion dollar company in 10 years, in 10 lines or less.

Northvolt is a leader in the growing market for sustainable lithium-ion batteries. Its focus on eco-friendly production methods and location in Stockholm give it a competitive edge. Supported by investors including prominent financial firms and energy companies, Northvolt is well-capitalized to scale its operations. The emphasis on sustainability aligns with global trends towards reducing environmental impact, promoting a shift from less sustainable energy sources. With increasing demand for green technology, Northvolt has the potential to be a key player in the battery manufacturing industry, appealing to environmentally conscious consumers and businesses seeking sustainable energy solutions.

Total funding Amount


Fundraising History

  • Jan 16 '24 Debt Financing
  • Nov 17 '23 Series D
  • Aug 22 '23 Series D
  • Jul 01 '22 Unknown
  • Jun 01 '21 Unknown
  • Sep 01 '20 Series B
  • Jun 12 '19 Series D
  • Jun 12 '19 Debt Financing
  • Jan 04 '19 Series A
  • Jan 01 '19 Unknown
  • May 15 '18 Series A
  • Feb 23 '18 Debt Financing


  • Nordic Investment Bank
    Debt Financing
  • European Investment Bank
    Debt Financing
  • Caisse de Depot et Placement du Quebec
    Series D
  • Canada Pension Plan Investment Board
    Series D
  • Decarbonization Partners
    Series D
  • Omers Ventures
  • Goldman Sachs
    Series D
  • Prima Materia
    Series B
  • Norrsken VC
    Series B
  • InnoEnergy
  • AMF
    Series D
  • Vattenfall
    Series A
  • Vargas Holdings
    Series A
  • Siemens AG
    Series A