About Polarium
Polarium is a company based in Stockholm (Sweden) founded in 2015 by Stefan Jansson. It operates as a Product-as-a-Service, Direct-to-Consumer (D2C), and Reseller / Distribution. Polarium has raised $273.56 million across 4 funding rounds from investors including Northvolt, AMF and Alecta. Polarium offers products and services including Polarium Battery Energy Storage System, Polarium Home, Connected Batteries, and Operational Services. Polarium operates in a competitive market with competitors including Enel X, Particle, ecobee, A123 Systems and Signify, among others.
- Headquarter Stockholm, Sweden
- Founders Stefan Jansson
- Stage Unicorn
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Polarium Energy Solutions Ab
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$273.56 M (USD)
in 4 rounds
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Latest Funding Round
$49.41 M (USD), Series D
Oct 01, 2024
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Investors
Northvolt
& 5 more
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Employee Count
Not available
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Products & Services of Polarium
Polarium offers a comprehensive portfolio of products and services, including Polarium Battery Energy Storage System, Polarium Home, Connected Batteries, and Operational Services.
Scalable system designed for efficient energy storage solutions.
Home system built for resilience and energy efficiency.
Batteries developed for fleet management and security features.
Services provided for installation, maintenance, and product monitoring.
People of Polarium
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Funding Insights of Polarium
Polarium has successfully raised a total of $273.56M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $49.41 million completed in October 2024. 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 Polarium
Polarium has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Northvolt, AMF and Alecta.
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Vargas is focused on building impact companies for sustainability.
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Venture capital fund investing in multiple sectors
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Investor details for Polarium
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Investments & Acquisitions by Polarium
Investment portfolio details for Polarium
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Financial Statements - Polarium
Detailed financials for Polarium
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Polarium Comparisons
Peer comparison for Polarium
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Competitors of Polarium
Polarium operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Enel X, Particle, ecobee, A123 Systems and Signify, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Utility-scale renewable energy projects are developed by Enel X.
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IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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Lithium-ion batteries for automotive and industrial uses are manufactured.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Detailed competitors of Polarium
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Latest news on Polarium
Complete news archive for Polarium
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Frequently Asked Questions about Polarium
Polarium was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Polarium is headquartered in Stockholm, Sweden.
Leif Ottosson is the current CEO of Polarium.
Polarium is a funded company, having raised a total of $273.56M across 4 funding rounds to date.
Polarium is focused on delivering smart and sustainable energy storage solutions. Operations span across sectors like telecom, commercial, industrial, EV charging infrastructure, and residential markets. Battery Energy Storage Systems (BESS) and home energy solutions are developed to optimize renewable energy use, enhance grid stability, and reduce costs. Services including installation, maintenance, and monitoring are offered to support diverse customer needs. Innovation in connectivity and security for fleet management is also prioritized, contributing to the global clean energy transition.
Polarium offers Polarium Battery Energy Storage System, Polarium Home, Connected Batteries, and Operational Services.
The valuation of Polarium is $1B as of May 2022.