Lithium-ion energy storage solutions for telecom, commercial, industrial and residential use.
| Date | Round | Amount |
|---|---|---|
| Sep 2023 | Growth Swedish energy-storage unicorn Polarium raised EUR36.7M in a rights issue from majority owners including Vargas Holding, AMF and Alecta. | $39M |
| Oct 2022 | Funding round Swedish energy storage company Polarium had Alecta, Formica Capital and Absolute Unlisted acquire over SEK1.1B of existing shares from founders and early investors in a secondary transaction. | $100M |
| Jun 2022 | Growth Stockholm energy-storage unicorn Polarium raised an additional EUR16.5M from three new investors at a USD1B+ valuation. | $17.5M |
| May 2022 | Funding round Stockholm energy-storage firm Polarium raised 955M kronor (91.84M euros) from AMF at a 1B dollar valuation, becoming a Swedish unicorn. | $91.8M |
| May 2022 | Growth Stockholm energy-storage company Polarium raised about USD100M (SEK 955M) from Swedish pension company AMF at a USD1B valuation, reaching unicorn status. | $100M |