Morrow Batteries Raises Up to $74 Million in Funding
The capital raise will be done in two tranches, with the first one approved by the company’s extraordinary general meeting on September 22
September 26, 2023
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Morrow Batteries, a Norwegian battery cells manufacturer, announced that it is raising up to €70 million (~$74.09 million) through a private placement. The funding will support the company’s development of next-generation batteries and bring it closer to commercial production.
