Northvolt's Expansion To Quebec: Cdpq Invests $150M To Support Construction Of Northvolt Six
Amount Raised
$150 Million
Round Type
Funding Round
Investors
Description
Canada’s Caisse de Depot et Placement du Quebec (CDPQ) has invested $150 million in Stockholm-based sustainable lithium-ion battery maker Northvolt via convertible notes. The financing is aimed at supporting the realisation of Northvolt’s sixth gigafactory and first outside of Europe.
Quick answer
Northvolt raised $150 Million in a Funding Round round, dated November 17, 2023. Investors: Caisse De Depot Et Placement Du Quebec.
- How much did Northvolt raise?
- Northvolt raised $150 Million in a Funding Round round on November 17, 2023.
- Who invested in Northvolt?
- Caisse De Depot Et Placement Du Quebec is named as investors in this round.
- What does Northvolt do?
- The news arrives just over a month since Reuters reported that the company was in talks with banks to float an IPO that would see the seven-year-old company valued north of $20 billion.
- Who are the decision-makers at Northvolt?
- Fundz holds 1 contact at Northvolt. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Northvolt that raised within 45 days of this round, from Fundz verified event records.
- Hadrian raised $86M on December 11, 2023.
- True Digital Surgery raised $8M on December 29, 2023.
- Canada Nickel Company raised an undisclosed amount on December 29, 2023.
- Sigma Additive Solutions raised $472K (Seed) on December 29, 2023.
- ZK International Group Ltd raised $5M (Funding Round) on December 28, 2023.
- Natron Energy raised $189M on December 28, 2023.
Who to call at Northvolt, and when
A new round usually means Northvolt is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Northvolt raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Northvolt, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Northvolt. With Fundz connected, it knows.
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Fundz sees it the moment Northvolt raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Northvolt raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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