FILE PHOTO: Northvolt logo is pictured in the Northvolt office in Stockholm, Sweden June 14, 2018. REUTERS/Esha Vaish/File Photo
LONDON/FRANKFURT/STOCKHOLM (Reuters) - Northvolt is in talks with investors and lenders to secure about 200 million euros ($218 million) in funding, three sources familiar with the matter said, as the cash-strapped Swedish battery maker seeks to stabilise its short-term finances.
The talks have been taking place this week as the company seeks short-term financing while it still aims to raise a larger amount of capital, one of the sources said. The sources declined to be identified because the matter is confidential.
