Overview
Business
Battery developer and manufacturer
Founded
10 years ago
2016
Employees
3,000
Valuation
$13 billion
TrueUp
Rank
#301
Company type
Private - Venture-Backed
Northvolt is a Battery developer and manufacturer company. It is currently valued at $13 billion as a private company. 3,000 people work at Northvolt. The company was founded in 2016.
Jobs
No job info
Financials
Valuation
$13.0billion
Tech Unicorn
Last round - Nov 2023
Most recent funding
3 years ago ($150 million)
Total funding
$8.8 billion
Value 'created' (valuation - total funding)
+$4.2 billion
Valuation per employee
$4.3 million
Culture
Employee sentiment
Would recommend company
52%
800+ reviews
Sources: TrueUp, Glassdoor, Blind
Worse than 75% of tech co's
Approve of CEO
Peter Carlsson
53%
Sources: TrueUp, Glassdoor, Blind
People
Employees
3,000
Rankings and awards
Norrsken Impact 100
2023
Norrsken Impact 100
2022
Fortune Impact 20
2021
Layoffs
Mar 2025 · 1 year ago
2,800 impacted62.2%
Mar 2025 · 1 year ago
Sep 2024 · 2 years ago
Aug 2024 · 2 years ago
200 impacted
