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FREYR

Developer of clean, next-generation battery cells

Mo I Rana, NorwayFounded 2018www.freyrbattery.com
Total raised
€104M
€103,800,000
Funding rounds
2
Investors
2
distinct backers
Active since
2021-02
latest 2023-07

Funding by year

EUR raised per year

Signals

High confidence
Raise-next likelihood19
base rate 46% for Grant
  • Dormant (no round in 3+ cohort gaps)
  • Up-round momentum
  • Low backer re-investment
Exit likelihood20
base rate 12% (2+ rounds)
  • €100M+ raised
  • 8y since founding

Timing: dormant vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.

Funding rounds

2 rounds
DateStageAmountInvestors
2023-07-14Grant€100MEU Innovation FundView deal →
2021-02-19Grant€3.8MInnovation NorwayView deal →

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