Swedish unicorn Polarium reduces diesel dependency in Africa
Polarium is on a journey to empower the world with smart modular energy storage solutions, built on litium-ion technology. The company recently opened a factory in South Africa that will employ 300 people, supplying the telecom sector with smart reserve power. And the future is bright. AMF, a Swedish limited liability life insurance company, has invested MUSD 100 in Polarium, making the company the latest Swedish unicorn.