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Morrow Batteries

Morrow Batteries

Private
NorwayEnergy & Sustainabilityhttps://morrowbatteries.com

Last Round

Debt

Dec 17, 2024

Est. Valuation

$172.5M

Total Funding Raised

$88.45M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Morrow Batteries is an electrical equipment company that develops and manufactures sustainable lithium-ion battery cells for energy storage and mobility applications.

Sector

Energy & Sustainability

Verticals

Energy Storage, Clean Manufacturing, Renewable Energy, Smart Manufacturing

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Application

Keywords

lithium-ion batteriesLFP battery cellsgigafactoryenergy storage systemsBESSbattery manufacturingsustainable batteriesbattery R&Dbattery cell productionclean techstationary storagebattery testingmaterials informatics

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Morrow Batteries Comparables

Compare Morrow Batteries with similar companies based on industry and business-model similarity.

Morrow Batteries comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
ElevenEs
85%
Italvolt
82%
International Battery Company
74%

Morrow Batteries Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtDec 17, 2024
VC RoundMay 23, 2024
Private PlacementSep 22, 2023
Convertible DebtMay 12, 2023
GrantOct 24, 2022
Debt
Oct 24, 2022

Key People

Founding team and executive leadership

Lars Christian Bacher

Chief Executive Officer

Executive Team

Morrow Batteries Investors

Notable investors and investment history

Morrow Batteries investors
InvestorRounds
Siemens Financial ServicesConvertible Debt, Private Placement, VC Round
ABBConvertible Debt, Private Placement, VC Round
Maj InvestConvertible Debt, Private Placement, VC Round
Nysnø Climate InvestmentsVC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 18, 2026

    Developing cells with graphite- and niobium-based anode materials.

  • Mar 18, 2026

    Developing next-generation cobalt-free LNMO battery technology.

Recent news

Latest coverage and updates

  • declares_bankruptcyAug 27, 2026

    Morrow Batteries declared bankruptcy on Jan 1st '26.

Morrow Batteries Filings

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Morrow Batteries filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Morrow Batteries's valuation, stock price, and market status.

Is Morrow Batteries a public or private company?

Morrow Batteries is a private company.

What is the current stock price of Morrow Batteries?

Morrow Batteries is a private company with no public stock price. No recent secondary market data is available.

How much is Morrow Batteries worth (valuation)?

Morrow Batteries's valuation is estimated at $172.5M based on funding round data.

Can I buy Morrow Batteries stock?

Morrow Batteries shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Morrow Batteries's last funding round?

Morrow Batteries's most recent funding round was Debt on August 15, 2021.

Who are the main investors in Morrow Batteries?

Key investors in Morrow Batteries include Siemens Financial Services, ABB.

Will Morrow Batteries IPO soon?

No public IPO plans have been announced for Morrow Batteries.

How can I track Morrow Batteries secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Morrow Batteries's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersNorway
Employee Range130
Year Founded2020
Last FundingDec 17, 2024

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