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Acq - Pending | Acquired

Total Raised




About Freyr

Freyr is a Norwegian incorporated company planning a combined 32+2 GWh lithium ion battery facility and 600 MW onshore wind-park in Rana and Nesna municipalities in Norway.

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Expert Collections containing Freyr

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Freyr is included in 2 Expert Collections, including Renewable Energy.


Renewable Energy

72 items

Startups developing technology to help offshore wind farm operators minimize costs and optimize production. These startups are enabling real-time turbine inspection and monitoring, as well as wind measurement and forecasting to help improve wind farm profitability.


Energy Storage

1,194 items

This collection includes large and small energy storage technology, from grid-scale molten salt containers to small, thin-film lithium-ion batteries.

Latest Freyr News

FREYR Battery announces public offering of 13,500,000 ordinary shares

Dec 1, 2022

FREYR Battery announces public offering of 13,500,000 ordinary shares Norway-based FREYR Battery plans to make a public offering of 13,500,000 of its Ordinary Shares, without nominal value, in an underwritten registered public offering. FREYR expects to grant the underwriters a 30-day option to purchase up to 2,025,000 additional Ordinary Shares as part of this offering. FREYR intends to use the net proceeds from this offering for (i) the continued construction of Giga Arctic facilities, (ii) development expenditures for Giga America and (iii) general corporate purposes. Credit Suisse, BofA Securities and Morgan Stanley are acting as book-running managers for the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the final size or terms of the offering. The offering is being made only by means of a previously filed effective registration statement (including a base prospectus) and a preliminary prospectus supplement. FREYR has commenced building the first of its planned factories in Mo i Rana, Norway and announced potential development of industrial scale battery cell production in Vaasa, Finland, and the United States. FREYR intends to install 50 GWh of battery cell capacity by 2025 and 100 GWh annual capacity by 2028 and 200 GWh of annual capacity by 2030.

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Freyr Rank

Freyr Frequently Asked Questions (FAQ)

  • Where is Freyr's headquarters?

    Freyr's headquarters is located at Oslo.

  • What is Freyr's latest funding round?

    Freyr's latest funding round is Acq - Pending.

  • How much did Freyr raise?

    Freyr raised a total of $13.8M.

  • Who are the investors of Freyr?

    Investors of Freyr include Alussa Energy Acquisition.

  • Who are Freyr's competitors?

    Competitors of Freyr include Morrow Batteries.

Compare Freyr to Competitors

Northvolt Logo

Northvolt is a supplier of battery cells and systems and is building a large-scale lithium-ion battery factory that will support and accelerate the transition to sustainable energy production and consumption. The company was founded in 2016 and is based in Stockholm Sweden.

Morrow Batteries

Morrow Batteries develops cost-effective and sustainable LMNO battery cells utilizing cobalt-free technology and cheaper materials like manganese. It produces batteries in cylindrical and prismatic form factors for electric vehicles. The company was founded in 2020 and is based in Oslo, Norway.

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