Tech Company Financing Transactions
Polarium Funding Round
AMF and Vargas Holdings participated in a $49 million funding round for Polarium. The financing closed on 10/1/2024.
Transaction Overview
Company Name
Announced On
10/1/2024
Transaction Type
Venture Equity
Amount
$49,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This capital injection will strengthen Polarium's position in the rapidly expanding energy storage sector and support its return to growth and profitability.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Solnavägen 3H, 6th floor
Stockholm, 113 63
Sweden
Stockholm, 113 63
Sweden
Phone
Email Address
Overview
Polarium is a leading energy storage developer. We make energy storage and optimization solutions built on lithium-ion battery technology for businesses within telecom, commercial, industrial and residential facilities across the world. Polarium was founded in 2015 on the conviction that safe, smart and sustainable energy storage solutions will be key to empower the transition to a truly, sustainable energy future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stefan Jansson
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