Insights

Distressed potential Morrow Batteries recently faced bankruptcy and insolvency proceedings in early 2026, with reports of a potential acquisition by Lyten, Inc. This creates an opportunity to engage a distressed manufacturing partner or to explore asset or IP acquisition, repair of supply chains, and potential R&D collaboration post-restructure.

Scale-adjacent customers Despite a small headcount (51-200 employees), the firm operates in the high growth battery and sustainable energy space and has backing from major investors. This suggests potential for large-scale collaborations, joint development, or contract manufacturing partnerships with better-funded buyers seeking nimble, innovative suppliers.

Strategic investors Significant investor support from Å Energi, Siemens Financial Services, ABB, Maj Invest, Nysnø and Noah, along with substantial loan guarantees, indicates a proven network for partnerships, procurement alliances, and technology licensing opportunities that can be leveraged to accelerate sales cycles.

Technology stack fit Current tech usage includes MATLAB, AutoCAD, AWS, Google Cloud, Azure and other digital tools. This alignment allows for selling services around advanced design optimization, data analytics, simulation, cloud-based manufacturing, and scalable engineering documentation.

Sustainability narrative The company positions itself around decarbonization, electrification and sustainable energy systems, targeting partnerships with buyers in the OEM and energy storage sectors looking to accelerate climate-driven initiatives, which provides a clear selling proposition for sustainable supply and innovative battery solutions.

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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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