Polarium Overview
- Year Founded
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2014
- Status
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Private
- Employees
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400
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$48.9M
- Investors
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8
Polarium General Information
Description
Manufacturer of smart lithium batteries intended to solve power backup challenges in the telecom, commercial and industrial sectors. The company offers easily adaptable modular lithium-ion battery technology to address both the replacement market and new macro small cell sites needs, providing clients with sustainable energy transfiguration by enabling renewables, electrification and intermittent power supply.
Contact Information
Website
www.polarium.comCorporate Office
- Solnavägen 3H (6th Floor)
- 113 63 Stockholm
- Sweden
Corporate Office
- Solnavägen 3H (6th Floor)
- 113 63 Stockholm
- Sweden
Polarium Timeline
Polarium Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC | 01-Oct-2024 | $48.9M | Completed | Generating Revenue | ||
| 6. Secondary Transaction - Private | 18-Oct-2022 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 03-May-2022 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 04-Oct-2018 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 31-Dec-2017 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 10-Mar-2016 | $1.83M | $1.83M | Completed | Generating Revenue | |
| 1. Capitalization | Completed | Generating Revenue |
Polarium Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 674,000 | $6.35 | $6.35 | 1x | $6.35 | 13.22% | ||
| Ordinary | 1,080,000 | $1.49 | $1.49 | 1x | $1.49 | 21.18% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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Polarium Comparisons
Industry
Financing
Details
Polarium Competitors (18)
One of Polarium’s 18 competitors is Ingrid Capacity, a Venture Capital-Backed company based in Stockholm, Sweden.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ingrid Capacity | Venture Capital-Backed | Stockholm, Sweden | ||||
| EnerSys | Formerly PE-Backed | Reading, PA | ||||
| X-Tech Solar Energy Solutions | Corporation | |||||
| HOPPECKE | Corporation | Brilon, Germany | ||||
| Corvus Energy | Venture Capital-Backed | Nesttun, Norway |
Polarium Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Polarium Patents
Polarium Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4369468-A1 | Anti-theft system for battery rack | Inactive | 09-Nov-2022 | ||
| EP-4207537-A1 | Method and battery module with state of health determination | Inactive | 29-Dec-2021 | ||
| EP-4457917-A1 | Method and battery module with state of health determination | Pending | 29-Dec-2021 | ||
| EP-4207479-A1 | Battery system with anti-theft control including a kill switch circuit | Inactive | 28-Dec-2021 | ||
| EP-4207435-A1 | A battery device comprising a tube including a cooling and/or fire extinguishing medium | Inactive | 28-Dec-2021 | A62C3/16 |
Polarium Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Polarium Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Stefan Jansson Global Invest | Corporation | Minority | ||
| Absolute Unlisted | Venture Capital | Minority | ||
| Alecta Tjänstepension Ömsesidigt | Limited Partner | Minority | ||
| Formica Capital | Family Office | Minority | ||
| AMF Tjänstepension | Asset Manager | Minority |
Polarium FAQs
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When was Polarium founded?
Polarium was founded in 2014.
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Where is Polarium headquartered?
Polarium is headquartered in Stockholm, Sweden.
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What is the size of Polarium?
Polarium has 400 total employees.
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What industry is Polarium in?
Polarium’s primary industry is Alternative Energy Equipment.
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Is Polarium a private or public company?
Polarium is a Private company.
-
What is Polarium’s current revenue?
The current revenue for Polarium is .
-
How much funding has Polarium raised over time?
Polarium has raised $187M.
-
Who are Polarium’s investors?
Stefan Jansson Global Invest, Absolute Unlisted, Alecta Tjänstepension Ömsesidigt, Formica Capital, and AMF Tjänstepension are 5 of 8 investors who have invested in Polarium.
-
Who are Polarium’s competitors?
Ingrid Capacity, EnerSys, X-Tech Solar Energy Solutions, HOPPECKE, and Corvus Energy are some of the 18 competitors of Polarium.
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