Northvolt recieves additional funding or 159MSEK (15.7 MUSD)

Swedish battery startup Northvolt have received 15.7 MUSD from the Swedish EPA (Naturvårdsverket) dedicated for a battery recycling plant in Skellefteå, Sweden. The recycling plant which will operate under the name Revolt have already received 5.8MEUR in funding through an investment by EIT InnoEnergy which brings the total external funding to 22 MUSD.

https://www.naturvardsverket.se/Nyheter-och-pressmeddelanden/Batterier-i-laddbara-bilar-kan-atervinnas-genom-bidrag-fran-Klimatklivet-/

https://www.innoenergy.com/news-events/eit-innoenergy-invests-58m-into-northvolt-s-mission-critical-battery-recycling-plant/