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Funding rounds/Northvolt
Stockholm, SwedenAug 2023

Northvolt raised €1.1B in a Debt round in Aug 2023. The company is based in Stockholm, Sweden. Investors in the round: BlackRock, North America-based investors. Data as of 4 Nov 2026.

← Northvolt
Amount raised
€1.1B
€1,102,232,020
Native amount
1,200,000,000 USD
Stage
Debt
convertible note
Investors
2

Provenance & confidence

High confidence
Amount
1,200,000,000 USD
ECB-at-date → €1.1B · rate 1.0887 on 2023-08-22
High confidence
Source

reuters.com · tier1

High confidence

Confidence is the weaker of amount-FX and source evidence (the cascade rule). See methodology.

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