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6min chapter
EUVC | E384 | Health Tech Renaissance, ChatGPT Turns Two, Northvolt's Setbacks, and Cradle's AI Success with Dan Bowyer, Mads Jensen & Lomax
EUVC
The Rise and Fall of Northvolt
This chapter explores the collapse of Northvolt, a promising EV company that raised $15 billion but faced insurmountable commercial and technical challenges. It contrasts the entrepreneurial environments of Europe and the US, emphasizes the critical importance of management, and calls for a cultural shift in the perception of failure within the startup ecosystem.
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