Top 14 Lithium Recycling startups

Updated: Nov 27, 2025
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These startups use hydrometallurgy, pyrometallurgical processes, black mass purification and other technologies to return lithium to production chains.
1
DREV
Country: Sweden | Funding: $3.8M
DREV creates the Vault system, designed to collect and recover metal dust (known as "black dust") produced during battery production and recycling - particles that can present health and safety risks while wasting valuable materials. These particles can impact worker safety, equipment efficiency and material recovery. Vault recovers these materials at the source, enhances air quality and enables the recovery of critical metals such as nickel, cobalt and lithium. DREV's sweep-robots enable effective cleaning and material recovery across floors, walls, ceilings and hard-to-reach corners. At the time when regulations such as the EU Battery Regulation and the Critical Raw Materials Act are increasing standards for sustainability and circularity, DREV's solution becomes even more valuabe for hundreds of gigafactories and recycling plants worldwide.
2
Ascend Elements
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.
3
EnergyX
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.
4
Lilac Solutions
Country: USA | Funding: $368.6M
Lilac Solutions offers an ion exchange technology to address the challenges faced by lithium producers.
5
Li Industries
Country: USA | Funding: $105M
Li Industries is a start-up company focusing on developing the next generation of lithium-ion battery recycling technologies.
6
ElectraLith
Country: Australia | Funding: $19.3M
ElectraLith develops direct lithium extraction and refining technology designed for efficient and sustainable lithium production.
7
Lithios
Country: USA | Funding: $12.1M
Lithios is a technology company that uses electrochemistry for advanced lithium extraction from tough mixtures.
8
ExPost Technology
Country: USA | Funding: $8M
ExPost Technology is upcycling lithium batteries
9
Helios
Country: Israel | Funding: $6M
Helios novel chemical processes reduce carbon emissions, energy consumption and OpEx in Steel, Copper, Nickel, Silicon and more. Resource extraction could be done in a way that is far less harmful to the planet, not just iron, but silicon, copper, nickel, lithium and other critical materials.
10
Endolith
Country: USA | Funding: $5.1M
Endolith is harnessing Microbes to Fuel Sustainable Mining
11
NEU Battery Materials
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.
12
Neometals
Country: Australia | Funding: $3M
Neometals is a business-oriented company that offers both security and growth opportunities in a diversified project pipeline.
13
LICO Materials
Country: India
LICO Materials is recycling end of life lithium-ion batteries and creating a sustainable circular economy solution in the lithium-ion battery supply chain for the recovery of critical materials.
14
Converteca
Country: USA | Funding: $22.5K
Converteca uses innovative process to help reclaim raw materials from lithium-ion batteries. Diverting the batteries from landfills, rivers and main ecological systems. Creating a better and more sustainable future.
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Marjana Bačić
Editor: Marjana Bačić
Marjana Bačić is a senior editor for RecyclingStartups. She has has more than 5 years experience covering the recycling industry. Marjana graduated from University of Belgrade, where she edited Recycling and Sustainable Development Journal. She has helped several non-profit organizations dedicated to promoting environmental education and sustainability. She also participates in beach clean-up initiatives and advocates for sustainable practices in local businesses. In her free time, Marjana enjoys hiking in the scenic Montenegrin countryside, practicing yoga for mindfulness, and experimenting with plant-based recipes in her kitchen. You can contact Marjana at marjanabacic(at)recyclingstartups(dot)com