1
Country: Singapore | Funding: $39.6M
Green Li-ion develops the technology that can ease the looming e-waste crisis by dramatically increasing the efficiency and profitability of rechargeable battery recycling
Green Li-ion develops the technology that can ease the looming e-waste crisis by dramatically increasing the efficiency and profitability of rechargeable battery recycling
2
Country: UK | Funding: $3.7M
Allye is a software-enabled energy storage company that promotes local grid resiliency while helping society access green energy.
Allye is a software-enabled energy storage company that promotes local grid resiliency while helping society access green energy.
3
Country: USA | Funding: $4.2B
Redwood Materials is a leading battery and electronics recycling company. Founded by Tesla co-founder JB Straubel, the company's primary business is electric vehicle battery recycling. But in addition to car batteries, it recycles phones, laptops, tablets, power tools and any other lithium-ion-containing devices - to recover critical minerals such as lithium, nickel, cobalt, and copper. The company also uses old batteries to create own energy storage systems that supply electricity to data centers and the national power grid. The company also offers the creation of corporate and municipal energy storages. Thanks to using the most affordable domestic batteries, combining used and new batteries and simplifying installation and system design, it offers the most cost-effective energy storage systems on the market.
Redwood Materials is a leading battery and electronics recycling company. Founded by Tesla co-founder JB Straubel, the company's primary business is electric vehicle battery recycling. But in addition to car batteries, it recycles phones, laptops, tablets, power tools and any other lithium-ion-containing devices - to recover critical minerals such as lithium, nickel, cobalt, and copper. The company also uses old batteries to create own energy storage systems that supply electricity to data centers and the national power grid. The company also offers the creation of corporate and municipal energy storages. Thanks to using the most affordable domestic batteries, combining used and new batteries and simplifying installation and system design, it offers the most cost-effective energy storage systems on the market.
4
Country: USA | Funding: $1.8B
Ascend Elements is implementing sustainable, closed-loop recycling to the lithium-ion battery industry. Its Hydro-to-Cathode Direct Cathode Precursor Synthesis (pCAM) process converts mixed material from spent batteries and manufacturing scrap into active battery cathode material, increasing the value of critical elements like lithium, cobalt and nickel while reducing costs and carbon emissions. The company claims its sustainable battery materials can outperform traditional materials made from newly mined and refined metals, that they have a cycle life exceeding 50% and an 88% increase in capacity compared to traditional cells. In addition to shredding batteries and producing "black mass" or marketable metals, the company uses advanced particle engineering techniques. Ascend Elements also provides comprehensive logistics, materials tracking and customer support services.
Ascend Elements is implementing sustainable, closed-loop recycling to the lithium-ion battery industry. Its Hydro-to-Cathode Direct Cathode Precursor Synthesis (pCAM) process converts mixed material from spent batteries and manufacturing scrap into active battery cathode material, increasing the value of critical elements like lithium, cobalt and nickel while reducing costs and carbon emissions. The company claims its sustainable battery materials can outperform traditional materials made from newly mined and refined metals, that they have a cycle life exceeding 50% and an 88% increase in capacity compared to traditional cells. In addition to shredding batteries and producing "black mass" or marketable metals, the company uses advanced particle engineering techniques. Ascend Elements also provides comprehensive logistics, materials tracking and customer support services.
5
Country: Belgium | Funding: $1.1B
Umicore specializes in the recycling of precious metals for lithium-ion and solid-state batteries and manufacturing of specialized products from precious metals (copper, cobalt, germanium, zinc, lithium). Umicore's catalytic portfolio includes chemical solutions, emissions control technologies and fuel cell technology. Its recycling technologies combine pyro- and hydrometallurgy, ensuring high recovery rates and reliability. Umicore also converts non-ferrous metals into functional high-tech materials. These range from germanium-based solutions that power satellites and facilitate autonomous vehicle sensors, to metallic coatings that enhance the performance of semiconductors and enable the production of clean hydrogen.
Umicore specializes in the recycling of precious metals for lithium-ion and solid-state batteries and manufacturing of specialized products from precious metals (copper, cobalt, germanium, zinc, lithium). Umicore's catalytic portfolio includes chemical solutions, emissions control technologies and fuel cell technology. Its recycling technologies combine pyro- and hydrometallurgy, ensuring high recovery rates and reliability. Umicore also converts non-ferrous metals into functional high-tech materials. These range from germanium-based solutions that power satellites and facilitate autonomous vehicle sensors, to metallic coatings that enhance the performance of semiconductors and enable the production of clean hydrogen.
6
Country: USA | Funding: $650M
EnergyX is developing direct lithium extraction technology that enables recovery of lithium metal directly from brine in a form suitable for use as anodes for electric vehicle batteries. EnergyX has developed best-in-class sorbents (for extracting lithium molecules from water, capable of withstanding high temperatures, exhibiting fast kinetics and a long cycle life), SX reagents (for purifying and concentrating brines, capable of delivering Li content up to 60,000 ppm) and lithium-selective membranes (for preferential separation of Li molecules from impurities). The company has also patented electrolyte technology that safely leverages the full benefits of low-cost lithium-metal anode batteries compared to traditional lithium-ion batteries. EnergyX covers all aspects of the battery supply chain: from lithium extraction from brine, purification and manufacturing to the development of solid-state batteries with high safety and energy density.
EnergyX is developing direct lithium extraction technology that enables recovery of lithium metal directly from brine in a form suitable for use as anodes for electric vehicle batteries. EnergyX has developed best-in-class sorbents (for extracting lithium molecules from water, capable of withstanding high temperatures, exhibiting fast kinetics and a long cycle life), SX reagents (for purifying and concentrating brines, capable of delivering Li content up to 60,000 ppm) and lithium-selective membranes (for preferential separation of Li molecules from impurities). The company has also patented electrolyte technology that safely leverages the full benefits of low-cost lithium-metal anode batteries compared to traditional lithium-ion batteries. EnergyX covers all aspects of the battery supply chain: from lithium extraction from brine, purification and manufacturing to the development of solid-state batteries with high safety and energy density.
7
Country: USA | Funding: $377.4M
Cirba Solutions provides battery recycling services. It handles all types of chemistries and battery formats, and collaborates with partners to collect end-of-life batteries and scrap and maintains closed-loop US-domestic supply chain. The company has developed proprietary technology that ensures safe and efficient recovery of critical minerals from end-of-life alkaline batteries. It also utilizes cryogenic pre-treatment process for highly reactive lithium batteries. This process reduces their reactivity, allowing further physical separation. The batteries are then conveyed to an automated crusher operating in a liquid solution to prevent fugitive emissions and reduce the reactivity of the recycled batteries. The resulting materials include solid metal particles, which are fully recovered and used as feedstock for a variety of new products.
Cirba Solutions provides battery recycling services. It handles all types of chemistries and battery formats, and collaborates with partners to collect end-of-life batteries and scrap and maintains closed-loop US-domestic supply chain. The company has developed proprietary technology that ensures safe and efficient recovery of critical minerals from end-of-life alkaline batteries. It also utilizes cryogenic pre-treatment process for highly reactive lithium batteries. This process reduces their reactivity, allowing further physical separation. The batteries are then conveyed to an automated crusher operating in a liquid solution to prevent fugitive emissions and reduce the reactivity of the recycled batteries. The resulting materials include solid metal particles, which are fully recovered and used as feedstock for a variety of new products.
8
Country: USA | Funding: $302.5M
American Battery Technology Company implements a closed-loop battery recycling system that separates and recovers critical materials from end-of-life batteries, purifying these metals to the same or even higher quality than traditional primary mining materials. Instead of using brute-force methods, such as placing batteries in high-temperature furnaces and shredding systems, ABTC developed an automatic deconstruction process combined with a targeted, melt-free hydrometallurgical method that allows battery packs to be deconstructed into modules, modules into cells, cells into cell components and then sorts these cell components. This results in reduced waste, higher material recovery rates and quality. The company also operates sustainable lithium production facility in Tonopah Flats.
American Battery Technology Company implements a closed-loop battery recycling system that separates and recovers critical materials from end-of-life batteries, purifying these metals to the same or even higher quality than traditional primary mining materials. Instead of using brute-force methods, such as placing batteries in high-temperature furnaces and shredding systems, ABTC developed an automatic deconstruction process combined with a targeted, melt-free hydrometallurgical method that allows battery packs to be deconstructed into modules, modules into cells, cells into cell components and then sorts these cell components. This results in reduced waste, higher material recovery rates and quality. The company also operates sustainable lithium production facility in Tonopah Flats.
9
Country: USA | Funding: $260M
Aqua Metals is the only company that has produced a commercially proven sustainable, closed-loop metal recycling process that is capable of producing the world’s purest metals.
Aqua Metals is the only company that has produced a commercially proven sustainable, closed-loop metal recycling process that is capable of producing the world’s purest metals.
10
Country: Canada | Funding: $125.3M
Lithion Recycling is a Company that allows environmentally responsible and economically viable management of lithium-ion batteries.
Lithion Recycling is a Company that allows environmentally responsible and economically viable management of lithium-ion batteries.
11
Country: Canada | Funding: $116.5M
Electra is an ESG-focused battery materials company advancing the only fully integrated.
Electra is an ESG-focused battery materials company advancing the only fully integrated.
12
Country: USA | Funding: $105M
Li Industries is a start-up company focusing on developing the next generation of lithium-ion battery recycling technologies.
Li Industries is a start-up company focusing on developing the next generation of lithium-ion battery recycling technologies.
13
Country: Canada | Funding: $86.2M
Cyclic Materials is recycling rare earth elements (REEs) from magnets powering the modern world.
Cyclic Materials is recycling rare earth elements (REEs) from magnets powering the modern world.
14
Country: India | Funding: $84.4M
Lohum Cleantech enables re-use of used li-ion battery cells
Lohum Cleantech enables re-use of used li-ion battery cells
15
Country: USA | Funding: $82.1M
Princeton NuEnergy is a clean-tech startup focused on the direct recycling of lithium-ion batteries.
Princeton NuEnergy is a clean-tech startup focused on the direct recycling of lithium-ion batteries.
16
Country: Germany | Funding: €66.6M
cylib is on a mission to revolutionize how lithium-ion batteries are recycled in Europe, making the process more efficient and sustainable.
cylib is on a mission to revolutionize how lithium-ion batteries are recycled in Europe, making the process more efficient and sustainable.
17
Country: USA | Funding: $64.1M
Nth Cycle is a metal processing technology company working with battery recyclers and miners to recover production-grade critical minerals.
Nth Cycle is a metal processing technology company working with battery recyclers and miners to recover production-grade critical minerals.
18
Country: Canada | Funding: $61.5M
Moment Energy develops clean, affordable, and reliable energy storage by repurposing retired electric vehicle batteries.
Moment Energy develops clean, affordable, and reliable energy storage by repurposing retired electric vehicle batteries.
19
Country: China | Funding: CN¥400M
Ruicycle is a high-tech company that focuses on the comprehensive recycling and utilization of lithium batteries.
Ruicycle is a high-tech company that focuses on the comprehensive recycling and utilization of lithium batteries.
20
Country: USA | Funding: $6.8M
TerraCycle is an innovative recycling company that has become a global leader in recycling hard-to-recycle waste. TerraCycle recycles non-recyclable waste into various consumer products.
TerraCycle is an innovative recycling company that has become a global leader in recycling hard-to-recycle waste. TerraCycle recycles non-recyclable waste into various consumer products.
21
Country: France | Funding: €40M
MECAWARE mission is to speed up strategic autonomy thanks to resource circularity and the intelligence of the material cycle.
MECAWARE mission is to speed up strategic autonomy thanks to resource circularity and the intelligence of the material cycle.
22
Country: Finland | Funding: €35.5M
Cactos develops distributed energy storage systems based on recycled EV batteries. The energy storage units are made from re-used Tesla EV batteries, making them one of the market’s most environmentally friendly energy storage units.
Cactos develops distributed energy storage systems based on recycled EV batteries. The energy storage units are made from re-used Tesla EV batteries, making them one of the market’s most environmentally friendly energy storage units.
23
Country: UK | Funding: $37.4M
Everledger platform enables both vehicle and battery manufacturers to track repurposing activity downstream. With batteries as unique digital assets and ownership history recorded on the blockchain, a longer-term supply of minerals for these products is more easily secured.
Everledger platform enables both vehicle and battery manufacturers to track repurposing activity downstream. With batteries as unique digital assets and ownership history recorded on the blockchain, a longer-term supply of minerals for these products is more easily secured.
24
Country: Germany | Funding: €29.1M
Voltfang develops home storage solutions for private houses using recycled traction batteries.
Voltfang develops home storage solutions for private houses using recycled traction batteries.
25
Country: India | Funding: $28.6M
Attero is an integrated end to end electronics asset management company aiming at increasing value for all electronic inventories.
Attero is an integrated end to end electronics asset management company aiming at increasing value for all electronic inventories.
26
Country: USA | Funding: $20M
Momentum is a lithium-ion battery recycling company that has developed a patented modular, scalable battery recycling technology.
Momentum is a lithium-ion battery recycling company that has developed a patented modular, scalable battery recycling technology.
27
Country: Singapore | Funding: $19.7M
ACE Green Recycling has developed a room-temperature process that turns lead from scrap batteries into ingots.
ACE Green Recycling has developed a room-temperature process that turns lead from scrap batteries into ingots.
28
Country: Canada
American Manganese has patented a process which recovers lithium, cobalt, nickel, manganese and aluminum from cathodes used in lithium-ion batteries.
American Manganese has patented a process which recovers lithium, cobalt, nickel, manganese and aluminum from cathodes used in lithium-ion batteries.
29
Country: Germany | Funding: $19M
Altilium Clean Technology offers transition of energy from fossil-based to zero-carbon by decarbonizing the supply of e-vehicles.
Altilium Clean Technology offers transition of energy from fossil-based to zero-carbon by decarbonizing the supply of e-vehicles.
30
Country: Germany | Funding: $18M
tozero is offering a novel process to recover critical materials such as lithium, nickel, and cobalt from lithium-ion batteries.
tozero is offering a novel process to recover critical materials such as lithium, nickel, and cobalt from lithium-ion batteries.
31
Country: Japan | Funding: ¥2.3B
Emulsion Flow Technologies offers rare metal recycling, utilizing emulsion flow technology, emulsion flow technology, etc., businesses.
Emulsion Flow Technologies offers rare metal recycling, utilizing emulsion flow technology, emulsion flow technology, etc., businesses.
32
Country: China | Funding: CN¥100M
Suzhou Botree Cycling Sci & Tech Co. is an energy company that provides solutions for the recycling of critical battery materials.
Suzhou Botree Cycling Sci & Tech Co. is an energy company that provides solutions for the recycling of critical battery materials.
33
Country: USA | Funding: $14.4M
SiTration improves ultra-durable filtration membranes intended for efficient separations in the harshest environments.
SiTration improves ultra-durable filtration membranes intended for efficient separations in the harshest environments.
34
Country: UK | Funding: £10.6M
Aceleron is using new battery technology to create the World's first recyclable, upgradeable and serviceable lithium-ion batteries to drive the global circular economy.
Aceleron is using new battery technology to create the World's first recyclable, upgradeable and serviceable lithium-ion batteries to drive the global circular economy.
35
Country: Philippines | Funding: A$16.1M
Renewable Metals' unique alkali recycling process recovers critical minerals from old batteries so they can be used again and again.
Renewable Metals' unique alkali recycling process recovers critical minerals from old batteries so they can be used again and again.
36
Country: Germany | Funding: $11.3M
Sapertec’s technology allows laminated packaging materials to be separated more easily. Many packaging materials don’t make the recycling cut because they contain mixed materials like soup cartons or cardboard and aluminum combos.
Sapertec’s technology allows laminated packaging materials to be separated more easily. Many packaging materials don’t make the recycling cut because they contain mixed materials like soup cartons or cardboard and aluminum combos.
37
Country: Australia
Close the Loop is dedicated to making the Circular Economy a reality by providing best-in-class sustainability solutions to companies that want to enhance their Corporate Social Responsibility through effective and efficient recovery and re-use of valuable resources from their products. With a steadfast commitment to zero waste to landfill, the company draws on its strength in innovation to handle even the most challenging materials.
Close the Loop is dedicated to making the Circular Economy a reality by providing best-in-class sustainability solutions to companies that want to enhance their Corporate Social Responsibility through effective and efficient recovery and re-use of valuable resources from their products. With a steadfast commitment to zero waste to landfill, the company draws on its strength in innovation to handle even the most challenging materials.
39
Country: Luxembourg | Funding: €8.5M
Circu Li-ion is an automated battery and cell upcycling company that maximizes the value of each battery.
Circu Li-ion is an automated battery and cell upcycling company that maximizes the value of each battery.
41
Country: USA | Funding: $8M
Aepnus Technology company provides Electrified chemicals for carbon-free future.
Aepnus Technology company provides Electrified chemicals for carbon-free future.
42
Country: India | Funding: $6.7M
BatX Energies has developed a proprietary Zero Waste–Zero Emission technology to extract critical Rare Earth metals.
BatX Energies has developed a proprietary Zero Waste–Zero Emission technology to extract critical Rare Earth metals.
43
Country: South Korea | Funding: $5.4M
World's first company to install and operate a direct battery recycling plant with an annual processing capacity of 20 tons that produces remanufactured cathode and anode materials.
World's first company to install and operate a direct battery recycling plant with an annual processing capacity of 20 tons that produces remanufactured cathode and anode materials.
44
Country: Estonia | Funding: €4.1M
Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.
Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.
45
Country: USA | Funding: $4.3M
Posh is a Bay Area battery recycling startup that wants reuse rare materials from EV batteries.
Posh is a Bay Area battery recycling startup that wants reuse rare materials from EV batteries.
46
Country: Singapore | Funding: $4.3M
Lithium battery recycling company. NEU produces sustainable battery grade lithium with its novel patented electrochemical technology, with near zero waste and minimal emission.
Lithium battery recycling company. NEU produces sustainable battery grade lithium with its novel patented electrochemical technology, with near zero waste and minimal emission.
47
Country: India | Funding: ₹300M
Recommercex is an organized scrap aggregator serves as a catalyst for positive change in the waste management and recycling industry.
Recommercex is an organized scrap aggregator serves as a catalyst for positive change in the waste management and recycling industry.
48
Country: Canada | Funding: $3M
EVSX develops closed-looped solutions to extract all of the value of used domestic, commercial and electric vehicles (EV) batteries. We have developed processes that allow us to target niche battery chemistries in a profitable way.
EVSX develops closed-looped solutions to extract all of the value of used domestic, commercial and electric vehicles (EV) batteries. We have developed processes that allow us to target niche battery chemistries in a profitable way.
49
Country: USA | Funding: $1.5M
OnTo develops and patents advanced battery recycling innovations that yield high-quality electrode materials made from recycled batteries.
OnTo develops and patents advanced battery recycling innovations that yield high-quality electrode materials made from recycled batteries.
50
Country: India | Funding: ₹120M
PeakAmp develops solution for End-of-Life battery management and aims to achieve an advanced supply chain for optimized battery collection, utilize cutting-edge technology for battery recycling, and deliver smart solutions to meet ESG excellence.
PeakAmp develops solution for End-of-Life battery management and aims to achieve an advanced supply chain for optimized battery collection, utilize cutting-edge technology for battery recycling, and deliver smart solutions to meet ESG excellence.
