24M Technologies vs Northvolt
24M Technologies
Reinventing Lithium-Ion Battery Cell Manufacturing
97 employees · est. 2010 · Cambridge, United States
Northvolt
Electrification, renewable energy storage, and batteries are crucial for a carbon neutral society; Northvolt builds Europe's largest battery factory
1647 employees · est. 2016 · Stockholm, Sweden
24M Technologies is the older company (2010 vs 2016); Northvolt is the larger of the two.
2 signals in the last 90 days
Side-by-Side Comparison
| Metric | 24M Technologies | Northvolt |
|---|---|---|
| Founded | ||
| Founded | 2010 older | 2016 |
| Headquarters | ||
| Headquarters | Cambridge, United States | Stockholm, Sweden |
| Employees | ||
| Employees | 97 | 1647 larger |
| Industry | ||
| Industry | Energy, Transportation, Energy Storage | Energy, Transportation |
| Funding Stage | ||
| Funding Stage | Grant | Acquired |
| Total Funding | ||
| Total Funding | $97.83M | $12.24B |
| Funding Rounds | ||
| Funding Rounds | 5 | 14 |
| Services | ||
| Services | Not tracked yet | Battery Production, Battery Recycling, Custom Energy Solutions, Research and Development |
| Target Customers | ||
| Target Customers | Not tracked yet | Automotive Industry, Construction Sector, E-mobility Companies, Grid Management, Industrial Applications |
| Taxonomy | ||
| Taxonomy | Energy StorageBattery ManufacturingLithium-Ion TechnologyGrid TechnologyTransportation ApplicationsSemiSolid™ Technology +3 | ElectrificationBattery ManufacturingRenewable Energy StorageSustainable IndustryDecarbonizationFossil-Free Energy +9 |
| Website | ||
| Website | 24-m.com | northvolt.com |
About 24M Technologies
24M Technologies aims to revolutionize lithium-ion battery cell manufacturing to meet the increasing demand for affordable energy storage. The company's proprietary technology, the 24M SemiSolid™ and Unit Cell manufacturing platform, represents a significant breakthrough in the sector. By re-imagini...
About Northvolt
Northvolt is at the forefront of transforming the energy landscape with a mission to build Europe's largest battery factory in pursuit of a sustainable future. Founded in 2016 and headquartered in Sweden, the company is dedicated to creating a decarbonized world through its innovative approach to ba...
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Compiled from the BounceWatch company index. We last looked at 24M Technologies on 12 Sep 2024, and Northvolt on 11 Jun 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
