Short description
FREYR develops clean battery solutions for industrial-scale applications, with a focus on reducing global emissions.
Description
FREYR plans to develop up to 43 GWh of battery cell production capacity by 2025 to position the company as one of Europe’s largest battery cell suppliers. The facilities will be located in the Mo i Rana industrial complex in Northern Norway, leveraging Norway’s highly skilled workforce and abundant, low-cost renewable energy sources from hydro and wind in a crisp, clear and energized environment. FREYR will supply safe, high energy density and cost competitive clean battery cells to the rapidly growing global markets for electric vehicles, energy storage, and marine applications.
Last funding
Noway Youcantaccess
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Total funding
$$3123123
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Location
Luxembourg, Luxembourg, Luxembourg, Europe
Founded on
January 1, 2018
Exited on
July 8, 2021
Went public on
July 8, 2021
Stock symbol
FREY
Non-profit?
No
Acquired?
No
Employees count
251-500
Investors
Absolutely Noaccess, Nopepepe, Absolutely Noaccess, No Way, Absolutely Noaccess, Noaccess, Blurry Noaccess, Absolutely Noaccess
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Founders
Peter Matrai, Tom Einar Jensen, Torstein Dale Sjøtveit