Tech Company Financing Transactions
Northvolt Funding Round
On 11/17/2023, Northvolt announced $150 million in funding from Caisse de dépôt et placement du Québec.
Transaction Overview
Company Name
Announced On
11/17/2023
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Undisclosed
Investors
Caisse de dépôt et placement du Québec (Lead Investor)
Proceeds Purpose
The financing is aimed at supporting the realisation of Northvolt's sixth gigafactory and first outside of Europe.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Alströmergatan 20
Stockholm, 112 47
SE
Stockholm, 112 47
SE
Phone
Undisclosed
Website
Email Address
Overview
Northvolt was founded to enable the transition to a decarbonized future by establishing a sustainable battery industry. To do this, we're pioneering a new approach to battery manufacturing rooted in a commitment to fossil-free energy, sustainable sourcing of raw materials and recycling.
Management Team
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