Tech Company Financing Transactions
Northvolt Funding Round
Northvolt, based in Stockholm, secured $1.2 billion from BlackRock, Canada Pension Plan Investment Board and IMCO.
Transaction Overview
Company Name
Announced On
8/22/2023
Transaction Type
Venture Equity
Amount
$1,200,000,000
Round
Undisclosed
Proceeds Purpose
The battery maker is also building a battery plant in Germany and an energy storage factory in Poland.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Alströmergatan 20
Stockholm, 112 47
SE
Stockholm, 112 47
SE
Phone
Undisclosed
Website
Email Address
Overview
Northvolt was founded to enable the transition to a decarbonized future by establishing a sustainable battery industry. To do this, we're pioneering a new approach to battery manufacturing rooted in a commitment to fossil-free energy, sustainable sourcing of raw materials and recycling.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Carlsson
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