# Morrow Batteries

**Source:** https://www.startuphub.ai/startups/morrow-batteries
**Profile type:** Startup

> Morrow's ambition is to develop and manufacture the world's most cost-effective and sustainable battery cells.

## About

Morrow Batteries is an industrial battery manufacturer focused on accelerating the green energy transition by developing sustainable and cost-effective battery solutions. They specialize in Lithium Iron Phosphate (LFP) and Lithium Nickel Manganese Oxide (LNMO) battery chemistries, with plans for large-scale production and a focus on traceable supply chains and renewable energy.

## Key facts

- **Slug:** morrow-batteries
- **Website:** https://morrowbatteries.com/
- **Location:** Arendal, Norway
- **Founded:** 2016
- **Operating status:** Active
- **Total funding:** $74M

## Frequently asked

### What does Morrow Batteries do?

Morrow Batteries is an industrial battery manufacturer focused on accelerating the green energy transition by developing sustainable and cost-effective battery solutions. They specialize in Lithium Iron Phosphate (LFP) and Lithium Nickel Manganese Oxide (LNMO) battery chemistries, with plans for large-scale production and a focus on traceable supply chains and renewable energy.

### What is Morrow Batteries's valuation?

StartupHub estimates Morrow Batteries's effective valuation at $264.4M (range $185.0M to $444.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Morrow Batteries raised?

Morrow Batteries has raised a total of $74M in funding. The most recent round on record is Private Placement.

### Where is Morrow Batteries headquartered?

Morrow Batteries is headquartered in Arendal, Norway.

### When was Morrow Batteries founded?

Morrow Batteries was founded in 2016.

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