Polarium
The company Polarium, which was previously called Incell, has instead of making batteries for cars invested in helping the telecommunications companies to develop batteries to keep telecom masts running.
Polarium has raised €232M across 4 funding rounds from 5 investors, most recently a round in Sep 2023. Based in Kista, Sweden; active in Energy. Data as of 28 Oct 2026.
Kista, Swedenpolarium.com ↗
Total raised
€232M
€232,243,369
Funding rounds
4
Investors
5
distinct backers
Active since
2022-05
latest 2023-09
Funding by year
EUR raised per yearPolarium — funding by year — interactive chart.
Data table
| Polarium — funding by year | |
|---|---|
| 2022 | €196M |
| 2023 | €37M |
Signals
Medium confidenceRaise-next likelihood5
base rate 30% for Other
- ▼ Past typical raise window
- ▼ Down/flat last round
Exit likelihood14
base rate 11% (2+ rounds)
- ▲ €100M+ raised
- ▲ 4 rounds raised
- ▼ No recent equity round (debt-only or quiet)
Timing: overdue vs cohort gap · momentum down. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
4 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2023-09-04 | Other | €37M | — | View deal → |
| 2022-10-18 | Other | €87M | Alecta | View deal → |
| 2022-06-30 | Other | €17M | — | View deal → |
| 2022-05-03 | Other | €92M | AMF,Beijer Ventures,Harald Mix,Roos Group AB | View deal → |
Related news
- Alecta investerar 950 miljoner kronor i Mix batteribolagdi.se · 2022-10
- Swedish unicorn greets new investors who bring in €16.5M that will contribute to the expansion of the companyarcticstartup.com · 2022-07
- Polarium är Sveriges nya enhörning – får in nästan 1 miljard från tungviktarebreakit.se · 2022-05
- siliconcanals.com
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