Analysis

January 9, 2025

'We're fully financed' says Northvolt's sister company Stegra

Stegra, previously known as H2 Green Steel, plans to expand into three new countries


Freya Pratty

6 min read

Stegra's site in Boden, Sweden

In times gone by, a connection to Northvolt was a ticket to press and investor attention for Europe’s climate tech companies. That changed when the Swedish gigafactory, the continent’s best funded startup, collapsed into bankruptcy at the end of last year.

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Henrik Henriksson, CEO of Stegra
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Stegra's site in Boden
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Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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