Insights

Distressed funding Morrow Batteries reportedly faced bankruptcy planning and a bankruptcy filing in 2026, signaling potential urgency for lenders, restructuring partners, or equipment suppliers to engage early with favorable terms or liquidation-ready offerings.

Strategic investor interest Significant investor backing from Maj Invest, Å Energi, Siemens Financial Services, ABB, Nysnø, and Noah alongside loan guarantees suggests a window of opportunity for capital-efficient collaborations, contract manufacturing, or technology licensing that aligns with their decarbonisation and electrification focus.

Headcount reduction The company reduced headcount by a substantial margin, indicating operational restructuring or wind-down activities; potential sales angles include scalable process automation, outsourcing of non-core functions, or maintenance and refurbishing of existing assets to maximize remaining value.

Funding signals Despite internal turmoil, the substantial funding runway indicates continued strategic interest; sales opportunities exist in providing critical components, engineering services, or cloud-based design and analytics tools that support rapid reconfiguration of battery production lines or sustainability initiatives.

Market positioning Operating in the competitive battery space with a clear sustainability mission offers a path to position products as compatible with large-scale electrification and energy storage programs; potential opportunities include modular testing equipment, data analytics platforms, and lifecycle management solutions for battery manufacturing.

Similar companies to Morrow Batteries

Morrow Batteries Tech Stack

Morrow Batteries uses 8 technology products and services including MATLAB, AutoCAD, Amazon Web Services, and more. Explore Morrow Batteries's tech stack below.

Media & News

Morrow Batteries's Email Address Formats

Morrow Batteries uses at least 1 email format:
Morrow Batteries Email FormatsExamplePercentage
First.Last@morrowbatteries.comJohn.Doe@morrowbatteries.com
100%

Frequently Asked Questions

What is Morrow Batteries's official website and social media links?

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Morrow Batteries's official website is morrowbatteries.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Morrow Batteries generate?

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As of August 2026, Morrow Batteries's annual revenue is estimated to be $1M - $10M.

What is Morrow Batteries's NAICS code?

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Morrow Batteries's NAICS code is 335 - Electrical Equipment, Appliance, and Component Manufacturing.

How many employees does Morrow Batteries have currently?

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As of August 2026, Morrow Batteries has approximately 146 employees across 4 continents, including Europe, Asia and Africa. Key team members include Chief Financial Officer: S. F., Chief Commercial Officer: C. A. and Chief Of Staff: E. M. Explore Morrow Batteries's employee directory with LeadIQ.

What industry does Morrow Batteries belong to?

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Morrow Batteries operates in the Appliances, Electrical, and Electronics Manufacturing industry.

What technology does Morrow Batteries use?

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Morrow Batteries's tech stack includes MATLAB, AutoCAD, Amazon Web Services, Wix, Microsoft 365, Google Cloud, Webflow and Microsoft Azure.

What is Morrow Batteries's email format?

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Morrow Batteries's email format typically follows the pattern of First.Last@morrowbatteries.com. Find more Morrow Batteries email formats with LeadIQ.

How much funding has Morrow Batteries raised to date?

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As of August 2026, Morrow Batteries has raised $314M in funding. The last funding round occurred on Jan 17, 2025 for $134M.

When was Morrow Batteries founded?

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Morrow Batteries was founded in 2020.
Morrow Batteries logo

Morrow Batteries

Appliances, Electrical, and Electronics ManufacturingOslo, Norway51-200 Employees

Morrow Batteries is a Norwegian company in the Appliances, Electrical, and Electronics Manufacturing industry, headquartered at 8 Dronning Eufemiasgate in Oslo, and it employs between 51 and 200 people. The company operates Norway's largest battery research and development centre alongside a cell manufacturing facility and produces safe, long-life, low-carbon lithium iron phosphate (LFP) batteries for critical applications. It is developing cobalt-free LNMO technology using sustainable manganese and also works on cells that use graphite- and niobium-based anodes. In May 2026, media reports described leadership changes and investments from multiple investors; one source also reported that the company declared bankruptcy on May 4, 2026. The company maintains a website at https://morrowbatteries.com and has reported funding around $134 million.

Section iconCompany Overview

NAICS Code
335 - Electrical Equipment, Appliance, and Component Manufacturing
Founded
2020
Employees
51-200

Section iconFunding & Financials

  • $314M

    Morrow Batteries has raised a total of $314M of funding over 3 rounds. Their latest funding round was raised on Jan 17, 2025 in the amount of $134M as a Debt Financing.

  • $1M - $10M

    Morrow Batteries's revenue is estimated to be in the range of $1M - $10M

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