Image - 26 January 2023

Battery cell factory 1

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Technology, general
Business enterprise, General
Energy
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The Greenhouse effect
New products, services
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Environment, Energy
Industry, manufacturing
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Naja Boone

Press contact Director of Marketing & Communications naja.boone@morrowbatteries.com

Morrow Batteries raises EUR 100 million in new investment round

Morrow Batteries (“Morrow”), a Norwegian company that aims to manufacture the world's most cost-effective and sustainable battery cells, has today announced an EUR 100 million investment round. The transaction will finance the first phase of the company’s factory in Arendal, Norway, with a capacity to produce more than 1 GWh battery cells each year. The investment round was led by Siemens Financia

Battery cell factory 1

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Naja Boone

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Morrow Batteries raises EUR 100 million in new investment round

Speeding up the energy transition with cost-effective and sustainable batteries.