Series D · Energy · Arendal, Norway · Founded 2020 · 180–250 employees
Morrow Batteries is building Europe's first gigawatt-scale LFP battery factory in Arendal, Norway, aiming to produce sustainable battery cells with 100% renewable energy. The company has raised $259M across four funding rounds from top-tier industrial investors including ABB, Siemens, and Innovation Norway. They're targeting the energy storage and heavy machinery markets rather than electric vehicles, with a focus on becoming the world's greenest battery producer. The company has secured major delivery agreements including 5.5 GWh over seven years with Nordic Batteries and began commercial production operations in 2024.
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