Northvolt Overview
- Founded
-
2016
- Status
-
Private
- Employees
-
3,000
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$1.1B
- Investors
-
39
Northvolt General Information
Description
Developer of lithium-ion battery plants intended to produce batteries for electric vehicles. The company's plants produce eco-friendly batteries that are manufactured with minimal carbon footprint and with recycling technology without compromising important eco-systems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner.
Contact Information
Website
www.northvolt.com
Formerly Known As
SGF Energy
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Energy Storage
Other Industries
Other Energy Services
Electrical Equipment
Primary Office
- Alströmergatan 20
- 112 47 Stockholm
- Sweden
+46 076-130 00 00
Northvolt Timeline
Northvolt Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Later Stage VC | 05-Jul-2022 | $1.1B | 00.000 | Completed | Generating Revenue | |
| 13. Later Stage VC (Series E) | 09-Jun-2021 | 00.000 | 00.000 | 000.00 | Completed | Generating Revenue |
| 12. Early Stage VC (Series B1) | 29-Sep-2020 | 00000 | 00.000 | 00.00 | Completed | Generating Revenue |
| 11. Debt - General | 29-Jul-2020 | 00.00 | 00.000 | Completed | Generating Revenue | |
| 10. Early Stage VC | 12-Jun-2019 | 00000 | 00.000 | 00.000 | Completed | Generating Revenue |
| 9. Debt - General | 15-May-2019 | 00000 | 00000 | Completed | Generating Revenue | |
| 8. Early Stage VC | 04-Jan-2019 | 000.00 | 000.00 | Completed | Generating Revenue | |
| 7. Corporate | 01-May-2018 | 000.00 | 000.00 | Completed | Generating Revenue | |
| 6. Early Stage VC | 16-Mar-2018 | $12.3M | $56.4M | Completed | Generating Revenue | |
| 5. Debt - General | 12-Feb-2018 | $3.08M | $44.1M | Completed | Generating Revenue |
Northvolt Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of lithium-ion battery plants intended to produce batteries for electric vehicles. The company's plants produc
Energy Storage
Stockholm, Sweden
3,000
As of 2022
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Fremont, CA
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Alameda, CA
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As of 0000
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Add Comparison
Northvolt Competitors (23)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Enovix | Formerly VC-backed | Fremont, CA | 000 | 00000 | 000000000 | 00000 |
| 0000000 000000 | Venture Capital-Backed | Alameda, CA | 00 | 000.00 | 00000000000 | 000.00 |
| 000000 | Private Equity-Backed | Edinburgh, United Kingdom | 00 | 00.00 | 000000000000 | 00.00 |
| 0000000000 0000000 | Formerly VC-backed | Sunderland, United Kingdom | 00 | 000.00 | 000000&0 | 000.00 |
| 0000 000000 | Formerly VC-backed | Abingdon, United Kingdom | 00 | 000.00 | 000000&0 |
Northvolt Patents
Northvolt Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3967661-A1 | Process for preparing battery grade metal sulphate solutions | Pending | 09-Sep-2020 | 000000000 | |
| US-10995014-B1 | Process for producing crystallized metal sulfates | Active | 10-Jul-2020 | 000000000 | 00 |
| EP-3945068-A1 | Process and method for producing crystallized metal sulfates | Pending | 10-Jul-2020 | 000000000 | |
| CA-3135949-A1 | Process for the recovery of cathode materials in the recycling of batteries | Pending | 15-Apr-2019 | 000000000 | |
| JP-2022528969-A | How to recover cathode material in battery recycling | Pending | 15-Apr-2019 | H01M10/54 |
Northvolt Executive Team (22)
Northvolt Board Members (12)
| Name | Representing | Role | Since |
|---|---|---|---|
| Carl-Erik Lagercrantz | Self | Co-Founder & Chairman | 000 0000 |
| Frank Witter | Volkswagen | Board Member | 000 0000 |
| Jürgen Rittersberger | Self | Board Member | 000 0000 |
| Mats Torring | Self | Investor Advisory Board | 000 0000 |
| Michael Bruun | Goldman Sachs Asset Management | Board Member | 000 0000 |
Northvolt Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Northvolt Investors (39)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Ava Investors | Other | Minority | 000 0000 | 000000 0 | |
| Folksam Group | Corporation | Minority | 000 0000 | 000000 0 | |
| Goldman Sachs Asset Management | Asset Manager | Minority | 000 0000 | 000000 0 | |
| Olympia Group - India | Corporation | Minority | 000 0000 | 000000 0 | |
| Swedbank Robur | Asset Manager | Minority | 000 0000 | 000000 0 |
Northvolt Investments & Acquisitions (6)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000 | 21-Mar-2022 | 00000 0000 | 000.00 | Energy Storage | |
| 0000000000 00 | 04-Feb-2022 | 00000 0000 | Road | 00000 000 | |
| 000000 (0000 | 14-Dec-2021 | 00000 0000 | 00000 | Energy Storage | 00000 000 |
| 000000 | 10-Mar-2021 | 0000000000 | Energy Storage | 00000 000 | |
| Hydro Volt | 01-Jun-2020 | Joint Venture | Industrial Supplies and Parts | 0000 0000 |
Northvolt Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 000000 | Energy Storage | Emeryville, CA | 0000 |