Altris

Uppsala, Sweden Founded: 2017 • Age: 9 yrs
Cathode and anode materials for rechargeable sodium batteries are produced.
Annual revenue $384,991 Latest available
Total funding $41.0M 9 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Altris

Altris is a company based in Uppsala (Sweden) founded in 2017 by Reza Younesi, Tim Nordh, Ronnie Mogensen, and William Brant. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Altris has raised $40.95 million across 9 funding rounds from investors including EIT InnoEnergy, Northvolt and Maersk. Altris offers products and services including Sodium-Ion Battery Cells, Prussian White Cathode Material, and Battery Factory Blueprints.

  • Headquarter Uppsala, Sweden
  • Founders Reza Younesi, Tim Nordh, Ronnie Mogensen, William Brant
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Altris Ab
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $384.99 K (USD)
    -24
    as on Dec 31, 2022
  • Net Profit
    -$1.97 M (USD)
    -309
    as on Dec 31, 2022
  • EBITDA
    -$1.97 M (USD)
    -309
    as on Dec 31, 2022
  • Total Equity Funding
    $40.95 M (USD)

    in 9 rounds

  • Latest Funding Round
    $8.46 M (USD), Series B

    Nov 05, 2025

  • Investors
  • Employee Count
    Not available
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Products & Services of Altris

Altris offers a comprehensive portfolio of products and services, including Sodium-Ion Battery Cells, Prussian White Cathode Material, and Battery Factory Blueprints.

Product name locked
Category locked
Primary

Sodium-ion battery cells are developed for sustainable energy storage.

Product name locked
Category locked
Locked

Prussian White cathode material is produced for sodium-ion batteries.

Product name locked
Category locked
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Factory blueprints are provided for mass-market battery production.

People of Altris

Headcount 10-50
Employee Profiles 15
Board Members and Advisors 6
Employee Profiles
People
Tim Nordh
CTO
People
Christer Bergquist
CFO
People
Tomas Svozil
Chief Commercial Officer (cco)
People
Ronnie Mogensen
Chief Scientist

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Board Members and Advisors
people
Patrik Andreasson
Board Member
people
Torbjörn Sternsjö
Chairman
people
William Brant
Board Member & Founder
people
Morgan Sadarangani
Board Member

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Funding Insights of Altris

Altris has successfully raised a total of $40.95M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $8.46 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Altris

Altris has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include EIT InnoEnergy, Northvolt and Maersk.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Molindo is engaged in investing in innovative technology companies.
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Supply chain, logistics, and transportation services are provided globally.
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Innovation engine in sustainable energy
Locked Locked Locked
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Investor details for Altris

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Investments & Acquisitions by Altris

Investments
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Investment portfolio details for Altris

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  • Transaction dates
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Financial Statements - Altris

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Detailed financials for Altris

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Altris Comparisons

Altris Primary company
Description
Cathode and anode materials for rechargeable sodium batterie...
Location
Uppsala, Sweden
Founded Year
2017
Annual Revenue
$384.99 K (USD)
Net Profit
-$1.97 M (USD)
EBITDA
-$1.97 M (USD)
Employees
Not available
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Peer comparison for Altris

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Competitors of Altris

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Detailed competitors of Altris

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Latest news on Altris

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Complete news archive for Altris

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Frequently Asked Questions about Altris

Altris was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Altris is headquartered in Uppsala, Sweden. It is registered at Uppsala, Uppsala County, Sweden.

Altris is a funded company, having raised a total of $40.95M across 9 funding rounds to date.

Annual revenue of Altris is $384.99K as on Dec 31, 2022.

Altris is focused on the development and industrialization of sodium-ion battery technology using cost-effective Prussian White materials. The company is involved in creating safer and sustainable batteries made from abundant raw materials like salt, wood, iron, and air. Solutions are targeted at low-voltage mobile applications, energy storage, and maritime markets. Innovative cathode manufacturing processes are utilized to ensure high-quality output with minimal energy use. Partnerships with industry leaders like Volvo Cars and Clarios are established to advance battery systems for automotive and energy storage applications.

Altris offers Sodium-Ion Battery Cells, Prussian White Cathode Material, and Battery Factory Blueprints.

Altris has 8 investors. Key investors include EIT InnoEnergy, Northvolt, Maersk, Clarios, and European Union.

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