# Northvolt AB

**Source:** https://www.startuphub.ai/startups/northvolt-ab
**Profile type:** Startup

> Leading European battery manufacturer focused on sustainable production for electric vehicles and energy storage.

## About

Northvolt is a European industrial company focused on developing and manufacturing sustainable battery solutions. They aim to decarbonize the energy and transportation sectors by providing high-quality, environmentally friendly batteries for electric vehicles and grid energy storage. Their approach emphasizes responsible sourcing of raw materials and advanced recycling processes.

## Key facts

- **Slug:** northvolt-ab
- **Website:** https://northvolt.com/
- **Location:** Stockholm, Sweden
- **Founded:** 2016-01-01
- **Employees:** 1627
- **Operating status:** Active
- **Total funding:** $10.4B
- **Sectors / tags:** Energy Storage, Battery Technology, Electric Vehicles, Advanced Manufacturing, Climate Tech, Industrial Automation, Sustainability
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/northvolt
  - Twitter: https://twitter.com/northvolt
  - Facebook: https://www.facebook.com/Northvolt

## Frequently asked

### What does Northvolt AB do?

Northvolt is a European industrial company focused on developing and manufacturing sustainable battery solutions. They aim to decarbonize the energy and transportation sectors by providing high-quality, environmentally friendly batteries for electric vehicles and grid energy storage. Their approach emphasizes responsible sourcing of raw materials and advanced recycling processes.

### What is Northvolt AB's revenue?

StartupHub estimates Northvolt AB's annual revenue at $700.1M (range $374.9M to $1.6B, 67% confidence), based on comparable companies in the sector.

### What is Northvolt AB's valuation?

StartupHub estimates Northvolt AB's effective valuation at $41.1B (range $26.1B to $62.7B, 11% confidence), based on comparable companies in the sector.

### How much funding has Northvolt AB raised?

Northvolt AB has raised a total of $10.4B in funding. The most recent round on record is Debt.

### Where is Northvolt AB headquartered?

Northvolt AB is headquartered in Stockholm, Sweden.

### When was Northvolt AB founded?

Northvolt AB was founded in 2016.

### What industry does Northvolt AB operate in?

Northvolt AB operates in Energy Storage, Battery Technology, Electric Vehicles, Advanced Manufacturing, Climate Tech, Industrial Automation.

### How many employees does Northvolt AB have?

Northvolt AB has approximately 1627 people on record.

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