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

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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.

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