OMERS and Swedish Buffer Funds Along with Others Secured $2.75 Billion for Northvolt

Posted on 06/09/2021


Northvolt AB, founded by former executives from Tesla Inc., is a Swedish battery developer and manufacturer, specialized in lithium-ion technology for electric vehicles. Northvolt raised US$ 2.75 billion in new equity funding. This reflects the anticipated surge in electric vehicle car sales in Europe. The round was co-led by OMERS Capital Markets and Swedish pension […]

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