Polarium, a leader in energy storage solutions, has raised SEK 500 million from existing investors through the issuance of convertible preference shares. This capital injection will support Polarium’s return to growth and profitability, strengthen its balance sheet and fund strategic initiatives aimed at reinforcing Polarium’s position as a global leader in energy storage solutions.

Clas Gunneberg, CEO of Polarium commented: “This funding is proof of our investors’ trust in Polarium’s vision and capabilities. The strategic shift has begun, and we now have a financial platform in place to enable activities to generate profitable growth. We remain fully committed to driving the transition toward smart energy storage solutions and broadening our impact across various segments.”

Key investors, such as Vargas, AMF, Alecta, Stefan Jansson Global Invest, and RoosGruppen have participated in the new share issue.