One note to share: These days, I'm a semi-regular guest on TechCrunch's Equity Podcast, including an episode that aired Friday that covers robotaxis, Nvidia's earning, plus Better.com and startups that are full of shit (you'll get the joke if you listen). Just take a look at Swedish lithium-ion battery producer Northvolt. Participants in the round included Goldman Sachs, Volkswagen, Baillie Gifford, Swedbank Robur, Singapore’s GIC and Hong Kong-based Chow Tai Fook Enterprises.
Exclusive: Northvolt raises $1 2 bln in latest funding round for factory build out - CFO reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Northvolt raises $1 2bln in latest funding round for factory build out zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Swedish lithium-ion
battery producer Northvolt has raised $1.2 billion from
investors including BlackRock and several Canadian
pension plans as it prepares to build new factories in Europe
and North.
Northvolt: "The battery manufacturing sector has attractive growth potential driven by the accelerating adoption of battery storage and electric vehicles," said David Giordano, global head of climate infrastructure at BlackRock.