Northvolt's Funding Rounds
Northvolt has raised a total of $9B over 23 funding rounds: 3 Early-Stage, 5 Late-Stage, 6 Debt and 9 Grant (prize money) rounds. Northvolt's largest funding round so far was a Conventional Debt round for $5B in Jan 2024.
Here is the list of all funding rounds of Northvolt:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 14, 2024 | $97.3M | Conventional Debt | - | - | - | |
Jan 16, 2024 | $5B | Conventional Debt | - | - | - | - |
Dec 05, 2023 | $757M | Grant (prize money) | - | - | - | |
Nov 16, 2023 | $150M | Series D | - | - | - | |
Aug 22, 2023 | $1.2B | Series D | - | - | ||
Jan 01, 2023 | $124K | Grant (prize money) | - | - | - | |
Jul 05, 2022 | $1.1B | Series C | - | - | - | |
Apr 06, 2022 | $170M | Grant (prize money) | - | - | - | |
Apr 01, 2022 | $83.3M | Grant (prize money) | - | - | - | |
Jun 09, 2021 | $2.75B | Series C | - | - | ||
Apr 01, 2021 | $5.21M | Grant (prize money) | - | - | - | |
Sep 29, 2020 | $600M | Series C | - | - | ||
Sep 01, 2020 | $489K | Grant (prize money) | - | - | - | |
Jul 29, 2020 | $1.6B | Conventional Debt | - | - | - | |
Feb 01, 2020 | $1.57M | Grant (prize money) | - | - | - | |
Dec 17, 2019 | $6.46M | Series B | - | - | - | |
Dec 01, 2019 | $368K | Grant (prize money) | - | - | - | |
Jun 12, 2019 | $1.02B | Series B | - | - | ||
May 15, 2019 | $393M | Conventional Debt | - | - | - | |
Jan 01, 2019 | $315K | Grant (prize money) | - | - | - | |
Feb 13, 2018 | $64.4M | Conventional Debt | - | - | - | |
Mar 07, 2017 | $13.3M | Series A | - | - | - | |
Nov 18, 2016 | $2.07M | Conventional Debt | - | - | - |
Access funding benchmarks and valuations. Sign up today!
Sign up to download Northvolt's company profile
Northvolt's Investors
Northvolt has total 53 investors, 52 are institutional investors including Goldman Sachs and 51 others, Angel investor includes Daniel Ek.
Here is the list of institutional investors of Northvolt:
- NIB, located in Helsinki (Finland), made their first investment in Northvolt on Jul 29, 2020 in its Conventional Debt round.
- Bundesministerium fur Wirtschaft und Klimaschutz, located in Berlin (Germany), made their first investment in Northvolt on Jun 12, 2019 in its Series B round.
- CDPQ, located in Quebec City (Canada), made their first investment in Northvolt on Nov 16, 2023 in its Series D round.
- IMCO, located in Toronto (Canada), made their first investment in Northvolt on Aug 22, 2023 in its Series D round.
- BlackRock, located in New York City (United States), made their first investment in Northvolt on Aug 22, 2023 in its Series D round.
- CPP Investments, located in Toronto (Canada), made their first investment in Northvolt on Aug 22, 2023 in its Series D round.
- OMERS, located in Toronto (Canada), made their first investment in Northvolt on Jun 09, 2021 in its Series C round.
- Goldman Sachs, located in New York City (United States), made their first investment in Northvolt on Jun 12, 2019 in its Series B round.
- Baillie Gifford, located in Edinburgh (United Kingdom), made their first investment in Northvolt on Sep 29, 2020 in its Series C round.
- Swedbank, located in Stockholm (Sweden), made their first investment in Northvolt on Jul 05, 2022 in its Series C round.
- GIC, located in Singapore (Singapore), made their first investment in Northvolt on Aug 22, 2023 in its Series D round.
- Chow Tai Fook Jewellery, located in Hong Kong (China), made their first investment in Northvolt on Aug 22, 2023 in its Series D round.
- Europa, located in Belgium, made their first investment in Northvolt on Jan 01, 2019 in its Grant (prize money) round.
- Ava, located in Geneva (Switzerland), made their first investment in Northvolt on Jul 05, 2022 in its Series C round.
- AMF, located in Paris (France), made their first investment in Northvolt on Jul 05, 2022 in its Series C round.
- Folksam, located in Stockholm (Sweden), made their first investment in Northvolt on Jun 12, 2019 in its Series B round.
- PCS Holding, located in Frauenfeld (Switzerland), made their first investment in Northvolt on Jul 05, 2022 in its Series C round.
- TM Capital, located in New York City (United States), made their first investment in Northvolt on Jul 05, 2022 in its Series C round.
- Volkswagen Group, located in Wolfsburg (Germany), made their first investment in Northvolt on Jun 12, 2019 in its Series B round.
- Olympia Group, located in Kifissia (Greece), made their first investment in Northvolt on Jul 05, 2022 in its Series C round.
- IMAS Foundation, located in Leiden (Netherlands), made their first investment in Northvolt on Jun 12, 2019 in its Series B round.
- Goldman Sachs Asset Management, located in London (United Kingdom), made their first investment in Northvolt on Jul 05, 2022 in its Series C round.
- Fondaco Group, located in Turin (Italy), made their first investment in Northvolt on Jul 05, 2022 in its Series C round.
- Fjarde AP-fonden, located in Stockholm (Sweden), made their first investment in Northvolt on Jun 09, 2021 in its Series C round.
- AP3, located in Stockholm (Sweden), made their first investment in Northvolt on Jun 09, 2021 in its Series C round.
- Första AP-fonden, located in Stockholm (Sweden), made their first investment in Northvolt on Jun 09, 2021 in its Series C round.
- Second AP Fund, located in Gothenburg (Sweden), made their first investment in Northvolt on Jun 09, 2021 in its Series C round.
- EIT InnoEnergy, located in Eindhoven (Netherlands), made their first investment in Northvolt on Dec 17, 2019 in its Series B round.
- Bridford Group, located in London (United Kingdom), made their first investment in Northvolt on Jun 09, 2021 in its Series C round.
- AMF, located in Stockholm (Sweden), made their first investment in Northvolt on Jun 09, 2021 in its Series C round.
- ATP, located in New York City (United States), made their first investment in Northvolt on Jun 09, 2021 in its Series C round.
- Baron Capital Group, located in Philadelphia (United States), made their first investment in Northvolt on Jun 09, 2021 in its Series C round.
- Volkswagen, made their first investment in Northvolt on Sep 29, 2020 in its Series C round.
- Baron Funds, made their first investment in Northvolt on Sep 29, 2020 in its Series C round.
- Scania, located in Sodertalje (Sweden), made their first investment in Northvolt on Sep 29, 2020 in its Series C round.
- Norrsken VC, located in Stockholm (Sweden), made their first investment in Northvolt on Sep 29, 2020 in its Series C round.
- European Investment Bank, located in Luxembourg (Luxembourg), made their first investment in Northvolt on Feb 13, 2018 in its Conventional Debt round.
- Euler Hermes, located in Paris (France), made their first investment in Northvolt on Jul 29, 2020 in its Conventional Debt round.
- Export-Import Bank of Korea, located in Seoul (South Korea), made their first investment in Northvolt on Jul 29, 2020 in its Conventional Debt round.
- NEXI, located in Chiyoda City (Japan), made their first investment in Northvolt on Jul 29, 2020 in its Conventional Debt round.
- Bpifrance, located in Maisons Alfort (France), made their first investment in Northvolt on Jul 29, 2020 in its Conventional Debt round.
- Vattenfall, located in Stockholm (Sweden), made their first investment in Northvolt on Mar 07, 2017 in its Series A round.
- Vinnova, located in Stockholm (Sweden), made their first investment in Northvolt on Mar 07, 2017 in its Series A round.
- Swedish Energy Agency, located in Eskilstuna (Sweden), made their first investment in Northvolt on Nov 18, 2016 in its Conventional Debt round.
- Stena, located in Gothenburg (Sweden), made their first investment in Northvolt on Mar 07, 2017 in its Series A round.
Are you a Founder ?
FAQs about Northvolt's funding and investors
Explore latest companies that raised funding recently
- Meadow Memorials - raised a funding of $9M in Series A round held on Mar 20, 2026.
- Oasis Security - raised a funding of $120M in Series B round held on Mar 20, 2026.
- Hansa Biopharma - raised a funding of $30M in Post IPO round held on Mar 20, 2026.
- Cleavr - raised a funding of $1.18M in Seed round held on Mar 20, 2026.
- KSKT - raised a funding of $1M in Seed round held on Mar 20, 2026.
