Northvolt IPO

Northvolt was founded in 2016 by Paolo Cerrruti and Peter Carlson. In a discussion with the Financial Times in October 2023, Northvolt’s Head of Corporate Finance Andreas Rohman said, “We have worked for more than a year to get all processes and internal controls in place and then it will be up to the market to judge. Let’s see how the market looks in the next year or two” regarding a future IPO. While they are rumored to go public, the company has not officially endorsed a plan to participate in an IPO.

Northvolt is an electric battery developer that produces lithium-ion batteries for vehicles. Per Forge Data, Northvolt has raised a total of $8.8 billion in funding over 13 rounds, with its latest funding raised on Nov 16, 2023. Key investors include Goldman Sachs Merchant Banking Division, European Investment Bank, and Volkswagen Group.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Is Northvolt a publicly traded company?

Northvolt is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

Will Northvolt go IPO?

Northvolt has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Northvolt's IPO price?

The IPO price for Northvolt will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.

Can you invest in Northvolt pre-IPO?

Northvolt is privately held company and is not publicly traded, therefor investing in Northvolt pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

What is the value of my Northvolt shares?

To determine the value of your Northvolt shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Northvolt shares. You can also learn more about how to sell your private shares before getting started.

Can you sell Northvolt before it goes public?

Yes, you can seek to sell shares in Northvolt while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is Northvolt's funding to date?

Northvolt has raised $6.42B to date.

When was Northvolt founded?

Northvolt was founded in 2016.

Who founded Northvolt Battery?

Peter Carlsson is the CEO and founder of Northvolt.

Where is Northvolt located?

Northvolt is headquartered in Stockholm, Sweden.

Who uses Northvolt batteries?

Northvolt supplies key customers which include BMW, Volkswagen, Volvo, and more.

Who are Northvolt's major investors?

Volkswagen Group

Goldman Sachs

Norrsken VC

Third Swedish National Pension Fund

Stena Metall

PCS Holding AG

OMERS

InnoEnergy

Fourth Swedish National Pension Fund

IMAS Foundation

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Updated on: Jul 26, 2024

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