Nilar International

What Nilar International does

Nilar International is a Swedish private limited company (Aktiebolag) headquartered in Täby, Sweden, that develops and manufactures nickel metal hydride (NiMH) battery energy storage solutions. The company was founded in 2000 and employs between 51 and 100 people. Its technical differentiation lies in environmentally friendly methods for reusing electrode material in NiMH batteries, a process designed to avoid the energy-intensive steps of conventional battery recycling and to support circular-economy principles in battery production. Nilar serves battery manufacturers and end-users seeking sustainable NiMH-based energy storage and recycling solutions.

The company has secured material institutional backing over time, including approximately $33.9M from Första AP-fonden in 2019 and approximately $55.2M from the European Investment Bank in 2020, followed by a research grant from the Swedish Energy Agency under the RE:Source program in 2023 to advance electrode material reuse. Leadership currently comprises Acting President and CEO Erik Oldmark, co-founders Lars Fredriksson and Neil Puester, and Chairman Michael Obermayer. No public pricing or detailed product portfolio is disclosed; the company's own website (nilar.com) is currently offline, returning a default hosting page, which limits visibility into current commercial operations. Geographic reach is documented as Europe, with Sweden as the primary operating market.

Nilar's revenue model, go-to-market mechanics, and named customer base are not disclosed in available sources. Given the niche chemistry (NiMH competes with lithium-ion in most modern energy storage applications) and the pivot toward recycling/circular-economy activities, the company's commercial positioning appears to combine specialized battery manufacturing with sustainable end-of-life material processing. Operational continuity is a key diligence question given the lack of recent disclosed funding beyond the 2023 grant and the inaccessibility of the corporate website.

Name

Nilar International

Legal name

Nilar International AB

Website

https://nilar.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Short description

Nilar International is a Swedish NiMH battery technology company that develops, manufactures, and researches sustainable energy storage solutions with a focus on circular-economy electrode material reuse and recycling, serving battery manufacturers and end-users in Europe.

Ownership category

akta.pro rank

Product category

Battery Energy Storage

NAICS

Battery Manufacturing (335910)

SIC

Motors & Generators (3621), Refuse Systems (4953)

akta.pro primary industry

Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA)

akta.pro secondary industry

Direct Recycling & Cathode Regeneration (Relithiation, Reconditioning) (EUAFACAF)

Keywords

• Nickel metal hydride batteries
• Battery energy storage
• Battery recycling solutions
• Circular economy batteries
• Electrode material reuse

Headquarters

HQ city

Täby

HQ country

Sweden

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Infrastructure

Core offering

Nilar International develops and manufactures nickel metal hydride (NiMH) battery energy storage solutions. The company's core focus is on environmentally friendly methods for reusing electrode material in NiMH batteries, avoiding energy-intensive recycling, and advancing circular economy principles in battery production, recycling, and end-of-life management.

Product overview

Nilar International AB is a battery technology company specializing in nickel metal hydride (NiMH) batteries. The company focuses on battery development, manufacturing, and recycling solutions to promote circular economy principles. Based on available sources, the company is engaged in research initiatives for environmentally friendly methods of reusing electrode materials in nickel metal hydride batteries to enhance battery recycling and sustainability. No detailed product portfolio or specific product names were accessible due to the company website being unavailable during data collection.

Differentiator

Problem solved

Functional benefit

Products and services

• Nickel metal hydride (NiMH) battery energy storage solutions Nilar's core manufactured offering: NiMH battery energy storage products designed for stationary and industrial applications, with a sustainability-led approach centered on environmentally friendly electrode material reuse and circular-economy recycling. Targeted at battery manufacturers, industrial buyers, and organizations seeking sustainable energy storage solutions.
• Sustainable electrode material reuse and battery recycling solutions A circular-economy-oriented offering focused on environmentally friendly methods for reusing electrode material in NiMH batteries, avoiding energy-intensive recycling processes. Developed with research support from the Swedish Energy Agency under the RE:Source program, targeted at battery manufacturers and companies seeking sustainable battery production, end-of-life management, and recycling capabilities.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Swedish Energy AgencycoreStrategic or Co-development Partner · 1 September 2023Nilar International AB received research support from the Swedish Energy Agency within the RE:Source program to develop environmentally friendly methods for reusing electrode material in nickel metal hydride batteries. The project aims to enhance battery recycling and promote a circular economy. Work is scheduled to start in September.

Recent moves5 records

Expansion highlights4 records

Direct peers

• EnerSys: Global industrial battery manufacturer with a broad portfolio including NiMH and other chemistries for stationary and motive power; directly comparable as a NiMH/industrial battery producer serving similar industrial customers.
• Saft (TotalEnergies): Industrial battery specialist with deep NiMH and lithium offerings for backup power, rail, and grid storage; directly comparable on chemistries served and stationary energy storage end-markets.
• VARTA AG: European battery manufacturer with NiMH and lithium cells for industrial, medical, and consumer markets; comparable as a European-headquartered competitor in industrial NiMH/micro-battery cells.
• East Penn Manufacturing: Privately held US industrial battery and recycling company; comparable as a vertically integrated industrial battery manufacturer with in-house recycling and reuse capabilities.

Broad incumbents

• Panasonic Energy: One of the largest NiMH battery producers globally for consumer and automotive applications; comparable on NiMH chemistry scale, though it operates a much broader battery and electronics portfolio.
• BYD: Vertically integrated battery and EV maker; comparable on the 'make + recycle' closed-loop vision, though dominant in Li-ion rather than NiMH.
• Clarios: World's largest automotive battery maker with a strong circular-economy and recycling program (formerly Johnson Controls Power Solutions); comparable on the recycling/reuse side and as a broad incumbent in industrial batteries.

Regional players

• Northvolt: Sweden-based battery manufacturer focused on Li-ion cells and recycling; comparable as a fellow Swedish/EU battery player with a circular-economy mission, though chemistry and scale differ.
• TESVOLT: German commercial/industrial battery storage systems provider; comparable as a European stationary storage specialist, although TESVOLT uses Li-ion prismatic cells rather than NiMH.

Emerging players

• Cellgard: European battery materials and recycling start-up; comparable as an emerging player focused on battery circularity, though more upstream in materials recovery than Nilar's cell-level electrode reuse.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/nilar

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nilar International