About Polarium
Polarium is an Energy & Utilities company based in Stockholm (Sweden) founded in 2015 by Stefan Jansson. Energy storage systems and batteries are developed for diverse applications. It operates on a Product-as-a-Service, Direct-to-Consumer (D2C), and Reseller / Distribution model. Polarium has raised $273.56 million across 4 funding rounds from investors including Northvolt, AMF and Alecta. The company has 268 employees. Polarium was last valued at $1 billion in May 2022. Its chief executive, as recorded, is Leif Ottosson. Its website polarium.com draws about 10 thousand monthly visits. Polarium offers products and services including Polarium Battery Energy Storage System, Polarium Home, Connected Batteries, and Operational Services. Its focus areas include Energy, Renewable Energy and Energy Storage. Its legal entity is Polarium Energy Solutions AB.
Company details
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.
- Annual Revenue$126.06 M (USD)as on Dec 31, 2024
- Net Profit-$46.98 M (USD)as on Dec 31, 2024
- EBITDA-$44.94 M (USD)as on Dec 31, 2024
- Total Equity Funding$273.56M (USD)
in 4 rounds
- Latest Funding Round$49.41M (USD), Series D
Oct 2024
- InvestorsNorthvolt
& 6 more
- Employee Count268
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.
Apps and channels of Polarium
its YouTube channel Polarium has 455 subscribers and 8 videos.
Videos from Polarium
The most watched videos on Polarium's YouTube channel, Polarium (455 subscribers). Click a video to play it here.
More on Polarium.
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.
- Total Funding $273.56M
- Total Rounds 4
- Last Round Series D — $49.41M
- First Round $100M
(May 2022)
- Investors Count 7
All 4 funding rounds of Polarium with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| May 2022 | $1B | •••••••• |
Last known valuation $1B (May 2022). 7 investors in total: 6 institutional and 1 angel.
Investors in Polarium
Polarium has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Northvolt, AMF and Alecta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Vargas is focused on building impact companies for sustainability. | 2014 | vargasholding.com | Stockholm, Sweden | |
Venture capital fund investing in multiple sectors | formicacapital.se | Gothenburg, Sweden | ||
Lithium-ion batteries for electric vehicles are manufactured and optimized. | 2016 | northvolt.com | Stockholm, Sweden | |
Retirement planning services are offered to clients by Alecta. | 1917 | alecta.se | Stockholm, Sweden | |
Financial services are provided by AMF in the French market. | 2003 | amf-france.org | Paris, France | |
HM Harald Mix | unknown_1af2c0f98d2044699 | Stockholm, Sweden |
Investor details for Polarium
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of Polarium
5 people are tracked at Polarium (4 in leadership, 1 in board & advisors); the tracked headcount is 268.
| Name | Role | Group |
|---|---|---|
Stefan Jansson | Founder | Leadership |
Fredrik Prior | EVP Risk & Governance | Leadership |
Leif Ottosson | CEO | Leadership |
Christer Lindkvist | Head Of System Design At Polarium | Leadership |
Carl-Erik Lagercrantz | Chairman | Board & advisors |
Complete people profiles for Polarium
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Polarium
4 dated milestones of Polarium across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Polarium is founded.
- Funding First funding round of $100.0M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series D, of $49.4M.
Web traffic of Polarium
The website of Polarium (polarium.com) receives about 10.3K visits a month.
- Monthly visits10.3K
▼ 29.4% vs previous month
Websites whose visitors overlap most with Polarium. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
polariumbroker.com | polariumbroker.com | 100% | #169,737 | – |
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Related news about 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. It is registered at Stockholm, Stockholm County, Sweden.
Leif Ottosson is the CEO of Polarium, as recorded in our data.
Polarium is a funded company, having raised a total of $273.56M across 4 funding rounds to date. The company's 1st funding round was a Series D of $100M, raised on May 2022.
Polarium has 268 employees.
Annual revenue of Polarium is $126.06M as on Dec 31, 2024.
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.
Polarium operates through Polarium Energy Solutions Ab.