Northvolt’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Northvolt is a manufacturer and supplier of lithium-ion batteries for electronic, renewable energy and automobile markets. Read more

Northvolt is a manufacturer and supplier of lithium-ion batteries for electronic, renewable energy and automobile markets. Read more

Peter Carlsson's photo - Co-Founder & CEO of Northvolt

Co-Founder & CEO

Peter Carlsson

CEO Approval Rating

90/100

Founded:

2016

Status:

TOP COMPETITORS OR ALTERNATIVES

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EnerDel has been one of Northvolt's top competitors. EnerDel's headquarters is in Indianapolis, Indiana, and was founded in 2004. EnerDel is in the Multi-Utilities industry. EnerDel generates 100% of Northvolt's revenue.

Lithium Werks is one of Northvolt's top rivals. Lithium Werks is a Private company that was founded in Enschede, Overijssel in 2017. Lithium Werks operates in the Renewable Energy Equipment & Services industry. Lithium Werks has 350 fewer employees vs. Northvolt.

Enevate is perceived as one of Northvolt's biggest rivals. Enevate was founded in 2005, and is headquartered in Irvine, California. Enevate operates in the Renewable Energy Equipment & Services industry. Enevate generates $15.2M less revenue vs. Northvolt.

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Growth Score - 1/1

Is 800 a good estimate for Northvolt's Employee count?

Acquisitions

No recent acquisitions found related to Northvolt

Northvolt Funding History

$12.6M$24.6M$1.4B$3B

Since Northvolt was founded in 2016, it has participated in 5 rounds of funding. In total Northvolt has raised $3.0B. Northvolt's last funding round was on Jul 2020 for a total of $1.6B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Jul 2020
$1.6B
Equity
Jun 2019
$1B
Debt
May 2019
$400M
Equity
May 2018
$12M
Equity
Dec 2016
$12.6M
-

Total Funding: $3B

Since Northvolt was founded in 2016, it has participated in 5 rounds of funding. In total Northvolt has raised $3.0B. Northvolt's last funding round was on Jul 2020 for a total of $1.6B

Investments

No recent investments found related to Northvolt

Northvolt News

October 2, 2020EE News Power

Northvolt raises $600m for battery recycling plant and R&D

Northvolt raises $600m in equity for battery gigafactory expansion, R&D and giga-scale recycling, bri... See more »
October 1, 2020PageOne

VW, Goldman Sachs, Spotify Founder Back Tesla Rival Northvolt

(Benzinga) - Former Tesla Inc (NASDAQ: TSLA) employees Peter Carlsson...The post VW, Goldman Sachs, S... See more »
September 30, 2020EMS Now

Battery maker Northvolt raises $600 million in private placement, reports Reuters

STOCKHOLM (Reuters) - Swedish lithium-ion battery maker Northvolt is raising $600 million in fresh eq... See more »
September 30, 2020Automotive News Europe

VW helps Northvolt to fund EV battery expansion

As the first leading European entry in the battery cell market, Northvolt has become a standard beare... See more »
September 30, 2020Chemical Engineering

Northvolt receives funding for world-scale LIB recycling, capacity expansion

Northvolt AB (Stockholm, Sweden) announced the signing of a $600 million private placement, led by Ba... See more »
September 29, 2020PV Magazine USA

Northvolt raises $600 million for lithium battery gigafactory from VW and Spotify cofounder

The European battery manufacturer has raised the funds with a private shares placement which included... See more »
September 29, 2020PageOne

Spotify founder, Daniel Ek, invests $600 million in Swedish battery firm Northvolt, to take on Tesla

LONDON (CNBC) - Daniel Ek, the founder and chief executive... The post Spotify founder, Daniel Ek, in... See more »

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Headquarters

Gamla Brogatan 26

Stockholm, Stockholms län111 20

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Summary

ABOUT

Overview

Northvolt is a manufacturer and supplier of lithium-ion batteries for electronic, renewable energy and automobile markets. Northvolt was founded in 2016. Northvolt's headquarters is located in Stockholm, Stockholms län, SE 111 20. It has raised 3.0B i...

CEO

Northvolt's Co-Founder & CEO, Peter Carlsson, currently has an approval rating of 90%. Northvolt's primary competitors are EnerDel, Lithium Werks & Enevate.

Website

northvolt.com

Frequently Asked Questions about Northvolt

  1. When was Northvolt founded?

    Northvolt was founded in 2016
  2. Who is Northvolt's CEO?

    Northvolt's CEO is Peter Carlsson
  3. How much revenue does Northvolt generate?

    Northvolt generates $20M in revenue
  4. How much funding does Northvolt have?

    Northvolt has historically raised $3B in funding
  1. Where is Northvolt's headquarters?

    Northvolt's headquarters is in Stockholm Stockholms län, SE
  2. How many employees does Northvolt have?

    Northvolt has 800 employees
  3. What sector does Northvolt operate in?

    Northvolt is in Electrical & Electronics goods
  4. Who are Northvolt's competitors?

    Northvolt's top competitors are EnerDel, Lithium Werks, Enevate