In the second quarter of 2022,
"With the investment in Northvolt, we support a sustainable industrial high-tech transformation to contribute to future-proof Swedish industry and commerce. We believe in the company's strong competitiveness today and tomorrow thanks to, among other things, its vertical integration, advanced digitization, modular approach and focus on research and development. Northvolt's quality and ambition to become a world leader in sustainable battery production is an ingredient in
Northvolt has now delivered its first battery cells to customers and is thereby the first European battery company to make commercial deliveries to a car manufacturer. The company's vision is to accelerate the transition to a decarbonized future by supplying sustainable, high-quality battery cells and systems by building
"This financing round is an important part of our continued journey, and we are very pleased to welcome Swedbank Robur Alternative Equity as a new investor in Northvolt.
Swedbank Robur Alternative Equity I is a Swedish-based alternative investment fund for professional investors established in 2022. The fund invests long-term in unlisted Swedish and other Nordic companies. Investments will be made in both established growth companies and other privately owned companies with a focus on sustainable value creation and transformation.
More information:
Swedbank Robur Alternative Investments (link)
Press release Northvolt (link)
Contact:
https://news.cision.com/swedbank/r/swedbank-robur-alternative-equity-invests-in-northvolt,c3596947
https://mb.cision.com/Main/67/3596947/1601265.pdf
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