Northvolt Stock

northvolt.comEnergyFounded: 2016Funding to Date: $6.42B

Northvolt manufactures sustainable batteries with minimal carbon footprint in Europe. This company was founded by Paolo Cerruti and Peter Carlsson in 2016 and is headquartered in Stockholm, Sweden. Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. They also provide electrification and renewable energy storage designed for electric vehicles.

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Northvolt investors also invested in these private companies

Volkswagen Group
Norrsken VC
Third Swedish National Pension Fund
Stena Metall
PCS Holding AG
Fourth Swedish National Pension Fund
IMAS Foundation


Management Team

Paolo Cerruti
Co-Founder, Board Member & Chief Operating Officer
Yasuo Anno
Chief Development Officer
Landon Mossburg
Chief Digital Officer & President, Northvolt America
Alexander Hartman
Chief Finance Officer
Cecilia Lundin
Chief People Officer
Peter Carlsson
Co-Founder, Chief Executive Officer & Board Member

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Swedish car-battery maker Northvolt is expanding into aviation, as it targets the nascent field of decarbonizing commercial flight.
Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery with a lifetime equivalent to that of a truck.
In the northern Swedish city of Skellefteå, 250 construction workers brave the cold every morning to build what's expected to be the largest battery-recycling facility in the world. The site, near the Arctic Circle, belongs to the battery-manufacturing startup Northvolt and sits next door to its well-established gigafactory, where it supplies automotive giants like BMW, Volkswagen, and Volvo.