# Northvolt funding: rounds and investors

> Northvolt has raised $5.0B across 2 rounds since 2024. Investors include Bpifrance, Goldman Sachs and BlackRock. Every round with its source.

Source: https://millionrounds.com/company/northvolt (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Northvolt*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs Energy

Valuation: $12B, Oct 2024

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Funding summary Updated 15 Nov 2026

**$5.0B** raised across 2 rounds since 2024, from 3 sources

**$5.0B** Debt **$9.5M** Round

- **Latest round:** Round, $9.5M Oct 2024
- **Biggest round:** $5.0B Debt · Jan 2024
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024

**$5.0B** Debt

**$9.5M** Round

- **First round:** Debt, $5.0B
- **Biggest round:** $5.0B
- **Between rounds:** 10 months

## The rounds

- **Oct 2024** Round **$9.5M** *3 new* [AMF](https://millionrounds.com/fund/amf) [AP](https://millionrounds.com/fund/ap) [Harald Mix](https://millionrounds.com/fund/harald-mix) Reported by TechStartups and 1 other
- **Jan 2024** Debt **$5.0B** *6 new* [Bpifrance](https://millionrounds.com/fund/bpifrance) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [BlackRock](https://millionrounds.com/fund/blackrock) [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [La Caisse](https://millionrounds.com/fund/la-caisse) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2024 **Round** 2024 [Bpifrance](https://millionrounds.com/fund/bpifrance) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [BlackRock](https://millionrounds.com/fund/blackrock) [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [La Caisse](https://millionrounds.com/fund/la-caisse) [AMF](https://millionrounds.com/fund/amf) [AP](https://millionrounds.com/fund/ap) [Harald Mix](https://millionrounds.com/fund/harald-mix)

## Everyone who backed them

[Bpifrance](https://millionrounds.com/fund/bpifrance) Government **1** round

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round

[BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round

[BNP Paribas](https://millionrounds.com/fund/bnp-paribas) VC firm **1** round

[European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Government **1** round

[La Caisse](https://millionrounds.com/fund/la-caisse) Investment firm **1** round

[AMF](https://millionrounds.com/fund/amf) Investment firm **1** round

[AP](https://millionrounds.com/fund/ap) Investment firm **1** round

[Harald Mix](https://millionrounds.com/fund/harald-mix) Angel **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=northvolt).

## Quick answers about Northvolt

### Who invested in Northvolt?

Northvolt's investors include Bpifrance, Goldman Sachs, BlackRock, BNP Paribas and European Investment Bank, and 4 more on record.

### How much has Northvolt raised?

Northvolt has raised $5.0B across 2 rounds since 2024.

### When did Northvolt last raise?

Northvolt's most recent round was an Undisclosed round of $9.5M in Oct 2024.

### What was Northvolt's biggest round?

Northvolt's largest round on record is $5.0B (Debt), in Jan 2024.

### Who backed Northvolt first?

Northvolt's first round on record, in Jan 2024, was backed by Bpifrance, Goldman Sachs and BlackRock and 3 others.

### What stage is Northvolt at?

Northvolt's latest named round is an Undisclosed round, in Oct 2024.

### Where is Northvolt based?

Northvolt is based in Sweden.

## Companies like Northvolt

In the same sector, and raised in the last eighteen months.

[**Green Voltis** $15M · Nov 2026](https://millionrounds.com/company/green-voltis)[**Holyvolt** $45M · Oct 2026](https://millionrounds.com/company/holyvolt)[**Elvy** $595M · Oct 2026](https://millionrounds.com/company/elvy)[**Rebaba** $4.6M · Sept 2026](https://millionrounds.com/company/rebaba)[**Tavion** $47M · Sept 2026](https://millionrounds.com/company/tavion)[**Rivus Batteries** $2.9M · Jul 2026](https://millionrounds.com/company/rivus-batteries)

## Find investors like these

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