T1 Energy: Funding, Investors & Team (Oct 2026)
FREYR plans to develop up to 43 GWh of battery cell production capacity by 2025 to position the company as one of Europe’s largest battery cell suppliers. The facilities will be located in the Mo i Rana industrial complex in Northern Norway, leveraging Norway’s highly skilled workforce and abundant, low-cost renewable energy sources from hydro and wind in a crisp, clear and energized environment. FREYR will supply safe, high energy density and cost competitive clean battery cells to the rapidly growing global markets for electric vehicles, energy storage, and marine applications.
T1 Energy has raised $160M across 1 funding round on record, the most recent an undisclosed round of $160M announced in Apr 2026.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
T1 Energy Company Profile and Key Stats
Latest funding round on record: Apr 2026.
T1 Energy Funding Rounds
T1 Energy Founders and Leadership Team
No contact details are on record for this team yet.
T1 Energy Funding Compared to Other Energy Startups
T1 Energy's latest round of $160M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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T1 Energy Funding FAQs
What does T1 Energy do?
FREYR plans to develop up to 43 GWh of battery cell production capacity by 2025 to position the company as one of Europe’s largest battery cell suppliers. The facilities will be located in the Mo i Rana industrial complex in Northern Norway, leveraging Norway’s highly skilled workforce and abundant, low-cost renewable energy sources from hydro and wind in a crisp, clear and energized environment. FREYR will supply safe, high energy density and cost competitive clean battery cells to the rapidly growing global markets for electric vehicles, energy storage, and marine applications.
How much funding has T1 Energy raised?
T1 Energy has raised $160M across 1 round on record. The most recent is an undisclosed round of $160M announced in Apr 2026.
When did T1 Energy last raise funding?
T1 Energy's most recent funding round on record is an undisclosed round of $160M, announced in Apr 2026.
Who founded T1 Energy?
FundedIQ lists Daniel Barcelo (Founder) at T1 Energy.
Where is T1 Energy headquartered?
T1 Energy is based in Austin, Texas, United States.
How many employees does T1 Energy have?
T1 Energy is in the 251-500 employee band.
How does T1 Energy's funding compare to other Energy startups?
T1 Energy's latest round of $160M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's T1 Energy Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for T1 Energy is left off this page rather than filled in.
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