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Northvolt develops and manufactures sustainable lithium-ion battery cells and systems for electric vehicles and energy storage. The company builds a localized, green battery supply chain in Europe, producing batteries with a reduced carbon footprint. Their integrated approach spans raw materials, cell design, and manufacturing, emphasizing efficiency and recyclability.
Peter Carlsson, Paolo Cerruti, and Harald Mix co-founded Northvolt in 2016. Carlsson, formerly VP of Supply Chain at Tesla, initiated the company to meet Europe's urgent need for sustainable battery production. The founders recognized localized, environmentally conscious manufacturing as critical for global decarbonization.
The company supplies battery technology to automotive leaders and energy storage providers. Northvolt’s vision focuses on enabling the future of energy by delivering the world's greenest battery, accelerating decarbonization. They aim to foster a circular economy for battery materials, underpinning sustainable energy independence.
Key people at Northvolt.
Northvolt was founded in 2016 by Carl-Erik Lagercrantz (Co-Founder) and Paolo Cerruti (Chief Operating Officer and Co-Founder) and Paolo Cerrutim (Co-Founder) and Harald Mix (Co-Founder) and Peter Carlsson (Co-Founder).
Northvolt was founded in 2016 by Carl-Erik Lagercrantz (Co-Founder) and Paolo Cerruti (Chief Operating Officer and Co-Founder) and Paolo Cerrutim (Co-Founder) and Harald Mix (Co-Founder) and Peter Carlsson (Co-Founder).
Northvolt develops and manufactures sustainable lithium-ion battery cells and systems for electric vehicles and energy storage. The company builds a localized, green battery supply chain in Europe, producing batteries with a reduced carbon footprint. Their integrated approach spans raw materials, cell design, and manufacturing, emphasizing efficiency and recyclability.
Peter Carlsson, Paolo Cerruti, and Harald Mix co-founded Northvolt in 2016. Carlsson, formerly VP of Supply Chain at Tesla, initiated the company to meet Europe's urgent need for sustainable battery production. The founders recognized localized, environmentally conscious manufacturing as critical for global decarbonization.
The company supplies battery technology to automotive leaders and energy storage providers. Northvolt’s vision focuses on enabling the future of energy by delivering the world's greenest battery, accelerating decarbonization. They aim to foster a circular economy for battery materials, underpinning sustainable energy independence.
Key people at Northvolt.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 1, 2023 | Liminal | $18.0M Series A | ArcTern Ventures | Fifth Wall, Chrysalix Energy Venture Capital, Ecosystem Integrity Fund, Good Growth Capital, Helios Climate Ventures, Impact Science Ventures, Paolo Cerruti, University of Tokyo Edge Capital, Volta Energy Technologies |
| Mar 21, 2022 | Altris | $10.6M Series A | — | Molindo Energy |