Northvolt Overview

  • Founded
  • 2016

Founded
  • Status
  • Private

  • Employees
  • 3,000

Employees
  • 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

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

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Northvolt’s complete valuation and funding history, request access »

Northvolt Comparisons

Description
Primary
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
00.000
0000000000 0 00.000

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0000000000 000000000
Fremont, CA
000 As of 0000
00000
000000000 00000

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. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla paria
000000 0000000
Alameda, CA
00 As of 0000
000.00
00000000000 000.00
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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
You’re viewing 5 of 23 competitors. Get the full list »

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
To view Northvolt’s complete patent history, request access »

Northvolt Executive Team (22)

Name Title Board Seat Contact Info
Peter Carlsson Co-Founder, Chief Executive Officer & Board Member
Landon Mossburg Chief Digital Officer & President, Northvolt America
Alexander Hartman Chief Finance Officer
Paolo Cerruti Co-Founder, Board Member & Chief Operating Officer
Yasuo Anno Chief Development Officer
You’re viewing 5 of 22 executive team members. Get the full list »

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
You’re viewing 5 of 12 board members. Get the full list »

Northvolt Signals

Growth Rate

0.80% Weekly
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

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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
You’re viewing 5 of 39 investors. Get the full list »

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
You’re viewing 5 of 6 investments and acquisitions. Get the full list »

Northvolt Subsidiaries (1)

Company Name Industry Location Founded
000000 Energy Storage Emeryville, CA 0000
To view Northvolt’s complete subsidiaries history, request access »