Northvolt Overview

  • Founded
  • 2016
Founded
  • Status
  • Private
  • Employees
  • 3,000
Employees
  • Latest Deal Type
  • Series E
  • Latest Deal Amount
  • $2.75B
Latest Deal Amount
  • Investors
  • 32

Northvolt General Information

Description

Operator 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 with 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

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
13. Later Stage VC (Series E) 09-Jun-2021 $2.75B 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 000.00 000.00 Completed Generating Revenue
5. Debt - General 12-Feb-2018 $3.08M $44.1M Completed Generating Revenue
4. Grant 05-Feb-2018 $18.4M $41M 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
Operator of lithium-ion battery plants intended to produce batteries for electric vehicles. The company's plants produce
Energy Storage
Stockholm, Sweden
3,000 As of 2022
00.000
00.00 0000-00-00
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0000000000 000000000
Fremont, CA
000 As of 0000
00000
000000000 00000

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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
US-10995014-B1 Process for producing crystallized metal sulfates Active 10-Jul-2020 000000000 00
CA-3135949-A1 Process for the recovery of cathode materials in the recycling of batteries Pending 15-Apr-2019 000000000
US-20210384503-A1 Lithium transition metal composite oxide and method of production Pending 10-Oct-2018 000000000
EP-3636597-A1 Lithium transition metal composite oxide and method of production Withdrawn 10-Oct-2018 000000000 0
EP-3863973-A1 Lithium transition metal composite oxide and method of production Pending 10-Oct-2018 C01G53/50
To view Northvolt’s complete patent history, request access »

Northvolt Executive Team (20)

Name Title Board Seat Contact Info
Peter Carlsson Co-Founder, Chief Executive Officer & Board Member
Alexander Hartman Chief Finance Officer
Paolo Cerruti Co-Founder, Board Member & Chief Operating Officer
Yasuo Anno Chief Development Officer
Cecilia Lundin Chief People Officer
You’re viewing 5 of 20 executive team members. Get the full list »

Northvolt Board Members (12)

Name Representing Role Since
Carl-Erik Lagercrantz Self Co-Founder & Chairman of the Board 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 Merchant Banking Division Board Member 000 0000
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Northvolt Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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 (32)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
AP Fonden 2 Limited Partner Minority 000 0000 000000 0
AP Fonden 3 Limited Partner Minority 000 0000 000000 0
CIC Capital Corporation Sovereign Wealth Fund Minority 000 0000 000000 0
Dragoneer Investment Group Growth/Expansion Minority 000 0000 000000 0
Fjärde AP-fonden Corporation Minority 000 0000 000000 0
You’re viewing 5 of 32 investors. Get the full list »

Northvolt Investments & Acquisitions (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 (0000 14-Dec-2021 00000 0000 00000 Energy Storage 00000 000
00000 0000000 21-Jun-2021 00000 0000 Road 00000 000
000000 10-Mar-2021 0000000000 Energy Storage 00000 000
00000 0000 01-Jun-2020 00000 0000 Industrial Supplies and Parts 0000 0000
Northvolt Zwei 06-Sep-2019 Joint Venture Energy Storage 0000000 0
To view Northvolt’s complete investments and acquisitions history, request access »

Northvolt Subsidiaries (1)

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