Northvolt Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • IPO Registration

  • Employees
  • 5,500


  • Latest Deal Type
  • Debt Refin.

  • Latest Deal Amount
  • $5B

  • Investors
  • 47

Northvolt General Information


Operator of lithium-ion battery plants intended to develop batteries for electric vehicles. The company's plants offer eco-friendly batteries that are manufactured with minimal carbon footprint and with recycling technology without compromising important ecosystems, enabling clients to transition to a decarbonized future, by supplying sustainable, quality battery cells and systems.

Contact Information

Formerly Known As
SGF Energy
Ownership Status
In IPO Registration
Financing Status
Venture Capital-Backed
Primary Industry
Electrical Equipment
Corporate Office
  • Alstromergatan 20
  • 112 47 Stockholm
  • Sweden
+46 076-130 00 00

Northvolt Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth

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Northvolt Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
20. Debt Refinancing 16-Jan-2024 $5B 000.00 Completed Profitable
19. Later Stage VC 21-Nov-2023 00000 000.00 Completed Profitable
18. Later Stage VC 22-Aug-2023 00.00 000.00 Completed Profitable
17. Debt - General 20-Jun-2023 00000 000.00 Completed Generating Revenue/Not Profitable
16. Debt - General 03-Apr-2023 000 Rumor/Speculation Generating Revenue/Not Profitable
15. IPO 30-Jan-2023 000.00 0000 Announced Profitable
14. Later Stage VC 27-Oct-2022 00.00 00.000 Completed Profitable
13. Later Stage VC (Series E) 09-Jun-2021 00.000 00.000 000.00 Completed Generating Revenue/Not Profitable
12. Early Stage VC (Series B1) 29-Sep-2020 $600M $3.67B 00.00 Completed Generating Revenue/Not Profitable
11. Debt - General 29-Jul-2020 $1.6B $3.07B Completed Generating Revenue/Not Profitable
To view Northvolt’s complete valuation and funding history, request access »

Northvolt Comparisons

HQ Location
Total Raised
Post Valuation
Operator of lithium-ion battery plants intended to develop batteries for electric vehicles. The company's plants offer e
Electrical Equipment
Stockholm, Sweden
5,500 As of 2023
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0000000000 000000000
Enschede, Netherlands
000 As of 0000
0000 0000-00-00
000000&0 00000


im ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex
0000000000 000000000
Luxembourg City, Luxembourg
000 As of 0000
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Northvolt Competitors (20)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Reliance Lithium Werks Formerly VC-backed Enschede, Netherlands 000 00000 000000&0 00000
Freyr Formerly VC-backed Luxembourg City, Luxembourg 000 00000 000000000
Romeo Power Formerly VC-backed Vernon, CA 000 00000 000000&0 00000
ProLogium Private Equity-Backed Taoyuan, Taiwan 000 00000 0000000 0000
Solid Power Formerly VC-backed Louisville, CO 000 00000 0000000000 00000
You’re viewing 5 of 20 competitors. Get the full list »

Northvolt Patents

Northvolt Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202317526-D0 Secondary cell Pending 15-Nov-2023
US-20240072344-A1 Cylindrical secondary cell lid comprising multiple recessed contact portions Pending 31-Aug-2022 0000000000 0
EP-4322290-A1 Folded sheet casing of a battery Pending 11-Aug-2022 0000000000 0
EP-4318784-A1 Current collector for a battery cell Pending 05-Aug-2022 0000000000 0
EP-4318783-A1 Current collector for a battery cell Pending 05-Aug-2022 H01M50/533 0
To view Northvolt’s complete patent history, request access »

Northvolt Executive Team (25)

Name Title Board Seat Contact Info
Christofer Haux Chief Customer Officer & Chief Executive Officer, Northvolt Germany
Peter Carlsson Co-Founder, Chief Executive Officer & Board Member
Emad Zand Senior Advisor
Paolo Cerruti Co-Founder and Chief Financial Officer, Northvolt North America
Alexander Hartman Chief Finance Officer
You’re viewing 5 of 25 executive team members. Get the full list »

Northvolt Board Members (13)

Name Representing Role Since
Barbara Frei Ph.D Self Board Member 000 0000
Carl-Erik Lagercrantz Self Co-Founder & Vice Chairman 000 0000
Frank Witter Volkswagen Group Board Member 000 0000
Jim Hagemann Snabe Self Chairman 000 0000
Michael Bruun Goldman Sachs Asset Management Board Member 000 0000
You’re viewing 5 of 13 board members. Get the full list »

Northvolt Signals

Growth Rate

0.80% Weekly
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


Similarweb Unique Visitors


Majestic Referring Domains


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Northvolt Investors (47)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Caisse de dépôt et placement du Québec Asset Manager 000 0000 000000 0
GIC (Singapore) Sovereign Wealth Fund Minority 000 0000 000000 0
AEI HorizonX Venture Capital Minority 000 0000 000000 0
Ava Investors Other Minority 000 0000 000000 0
Boundary Holding Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 47 investors. Get the full list »

Northvolt Investments & Acquisitions (8)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Liminal Insights 06-Feb-2023 00000 0000 000.00 Electronic Equipment and Instruments
Altris 21-Mar-2022 00000 0000 000.00 Other Consumer Durables 000000 00
Stora Enso (Kvarnsveden Mill in Borlänge, Sweden) 25-Feb-2022 000000000 Buildings and Property
Automobile Battery Plant (Volvo Car Group / Northvolt) 04-Feb-2022 00000 0000 Road 00000 000
Aurora (Galp Energia / Northvolt) 14-Dec-2021 Joint Venture 00000 Other Energy 00000 000
You’re viewing 5 of 8 investments and acquisitions. Get the full list »

Northvolt Subsidiaries (5)

Company Name Industry Location Founded
Northvolt Revolt Other Commercial Services Stockholm, Sweden 2020
Northvolt Labs Electrical Equipment Vasteraas, Sweden 0000
Northvolt Ett Fastighetsforvaltning Real Estate Services (B2C) Stockholm, Sweden 0000
Cuberg Electrical Equipment San Leandro, CA 0000
Northvolt Systems
To view Northvolt’s complete subsidiaries history, request access »

Northvolt FAQs

  • When was Northvolt founded?

    Northvolt was founded in 2016.

  • Who is the founder of Northvolt?

    Peter Carlsson, Paolo Cerruti, Carl-Erik Lagercrantz, and Harald Mix are the founders of Northvolt.

  • Who is the CEO of Northvolt?

    Christofer Haux and Peter Carlsson are the CEOs of Northvolt.

  • Where is Northvolt headquartered?

    Northvolt is headquartered in Stockholm, Sweden.

  • What is the size of Northvolt?

    Northvolt has 5,500 total employees.

  • What industry is Northvolt in?

    Northvolt’s primary industry is Electrical Equipment.

  • Is Northvolt a private or public company?

    Northvolt is a Private company.

  • What is Northvolt’s current revenue?

    The current revenue for Northvolt is 00000.

  • How much funding has Northvolt raised over time?

    Northvolt has raised $35.7B.

  • Who are Northvolt’s investors?

    Caisse de dépôt et placement du Québec, GIC (Singapore), AEI HorizonX, Ava Investors, and Boundary Holding are 5 of 47 investors who have invested in Northvolt.

  • Who are Northvolt’s competitors?

    Reliance Lithium Werks, Freyr, Romeo Power, ProLogium, and Solid Power are some of the 20 competitors of Northvolt.

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