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Nilar logo — We believe in the power of renewable energy

Nilar

We believe in the power of renewable energy

Founded 2000 Sweden Sweden 51 employees Grant Total: $374.00M Energy, Manufacturing

General Information

Company Name Nilar
Founded Year 2000
Location Sweden Sweden
Employees 51
Industries Energy, Manufacturing
Funding Stage Grant
Social

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About Nilar

Nilar is a Swedish-based company committed to advancing renewable energy through the development and manufacturing of batteries for stationary energy storage systems. Founded in 2000, Nilar's mission is to address the growing need for improved energy storage, which is crucial for supporting the increasingly stressed electricity grid and bridging imbalances between energy production and demand. This becomes particularly important as the share of renewable energy sources continues to rise. Nilar's battery technology, based on nickel metal hydride (NiMH) electrochemistry with a water-based electrolyte, not only delivers higher safety and better performance but also allows for the recycling and reuse of its components. The company's headquarters is located in Täby, and its production facility in Gävle, established in 2012, operates on 100% renewable energy. Nilar's efforts have garnered the support of RE:Source through a grant investment in 06 July 2023, demonstrating the confidence of investors in the company's offerings. It further emphasizes Nilar's commitment to leveraging cutting-edge battery technology to facilitate the transition towards a more sustainable energy landscape. As a testament to its growth and potential, the Nilar share is listed on the Nasdaq First North Premier Growth Market under the ticker NILAR, underlining its position as a significant player in the Energy and Manufacturing industries. For more information, visit www.nilar.com.

Business keywords: Energy Storage, Battery Technology, NiMH Batteries, Stationary Energy Storage Systems, Smart Grid, Battery Management System, Circular Economy, Renewable Energy Transition, Hydride Batteries, Battery Production, Battery Design, Sustainable Technology, Renewable Energy Solutions, Telecom Energy Solutions

Funding Rounds & Investors (3)

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Funding Stage Amount Investors Lead Investors Date
Grant Undisclosed 1
RE:Source
06 Jul 2023
Debt Financing €47.00M 1
European Investment Bank
13 Oct 2020
Venture Round kr327.00M 1
Första AP-fonden
Första AP-fonden
17 May 2019

Latest News

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Enerpoly acquires Nilar's production line and dry electrode tech to boost zinc-ion battery manufactu... — Tech
Enerpoly acquires Nilar's production line and dry electrode tech to boost zinc-ion battery manufacturing
Tech Jul 17, 2024

Nilar Alternatives & Competitors

View All Alternatives
Nilar vs
Relyion Energy Inc
Relyion Energy Inc United States

AI for Energy Systems- Datacenters, Grid, Energy Storage, Decarbonization.

Non Equity Assistance
4 employees
Energy, Manufacturing
Nilar vs
Evyon
Evyon Norway

We exist as a company to maximize the value of every battery to accelerate into a fully renewable fu...

Seed
24 employees
Energy, Manufacturing
Nilar vs
SorbiForce
SorbiForce United States

Non-metal battery systems for grid stability and high-volatility infrastructure

Seed
4 employees
Energy, Industrial
View all alternatives

FAQ About Nilar

We believe in the power of renewable energy
Nilar was founded in 2000.
Nilar is headquartered in Sweden.
Nilar operates in Energy and Manufacturing. Its work centres on Energy Storage, Battery Technology, NiMH Batteries and Stationary Energy Storage Systems.
Nilar has approximately 51 employees.
Nilar has completed 3 funding rounds, raising a total of $374.00M. The latest funding stage is Grant.
Top alternatives and competitors to Nilar include Relyion Energy Inc, Evyon, SorbiForce, Aceleron, ARTS Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nilar and Relyion Energy Inc are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Nilar, https://bouncewatch.com/company/nilar, updated 28 November 2024. When citing, please name BounceWatch and link this page.

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