1
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.
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
Country: USA | Funding: $4.9B
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.
3
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.
4
Country: USA | Funding: $944.5M
KoBold Metals is a developer of machine prospector technology intended to facilitate a search for cobalt ore locations digitally.
KoBold Metals is a developer of machine prospector technology intended to facilitate a search for cobalt ore locations digitally.
5
Country: USA | Funding: $690.2M
Vulcan Elements, a rare-earth magnets manufacturing startup backed by Donald Trump Jr. and having government contracts. The company says it has optimized the magnet manufacturing and recycling process and increased its efficiency, autonomy and cost competitiveness. It intends to build the Western rare earth supply chain and domestic production of magnets used in consumer electronics and weapons. Vulcan already runs small-scale commercial manufacturing and R&D facility and is building $1 billion ‘Polaris facility’ in North Carolina.
Vulcan Elements, a rare-earth magnets manufacturing startup backed by Donald Trump Jr. and having government contracts. The company says it has optimized the magnet manufacturing and recycling process and increased its efficiency, autonomy and cost competitiveness. It intends to build the Western rare earth supply chain and domestic production of magnets used in consumer electronics and weapons. Vulcan already runs small-scale commercial manufacturing and R&D facility and is building $1 billion ‘Polaris facility’ in North Carolina.
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: Canada | Funding: $161.2M
Cyclic Materials specializes in recycling magnet manufacturing waste and other end-of-life components (electric vehicle motors, hybrid transmissions, wind turbine generators, hard drives, MRI machines) to extract rare earth elements. It utilizes physical and hydrometallurgical processing for extracting metals. Its patented MagCycleSM and REEPureSM technologies enable the recovery of critical minerals with minimal environmental impact. The resulting products include high-quality recycled mixed rare earth oxide (rMREO), aluminum, copper, nickel, cobalt, mixed hydroxide precipitate (MHP) and pure iron-containing materials. The company operates a rare earth element recycling facility in South Carolina that can produce 600 tonnes of rare metals per year.
Cyclic Materials specializes in recycling magnet manufacturing waste and other end-of-life components (electric vehicle motors, hybrid transmissions, wind turbine generators, hard drives, MRI machines) to extract rare earth elements. It utilizes physical and hydrometallurgical processing for extracting metals. Its patented MagCycleSM and REEPureSM technologies enable the recovery of critical minerals with minimal environmental impact. The resulting products include high-quality recycled mixed rare earth oxide (rMREO), aluminum, copper, nickel, cobalt, mixed hydroxide precipitate (MHP) and pure iron-containing materials. The company operates a rare earth element recycling facility in South Carolina that can produce 600 tonnes of rare metals per year.
8
Country: USA | Funding: $128.8M
Noveon Magnetics collects scooters, computer hard drives, MRI machines and motors from hybrid cars in order to separate out the old rare-earth magnets so they can be ground down and shaped into new ones.
Noveon Magnetics collects scooters, computer hard drives, MRI machines and motors from hybrid cars in order to separate out the old rare-earth magnets so they can be ground down and shaped into new ones.
9
Country: USA | Funding: $102.6M
Founded to bring a new level of sustainability and efficiency to the mining industry by enabling new sources of primary metals.
Founded to bring a new level of sustainability and efficiency to the mining industry by enabling new sources of primary metals.
10
Country: Canada | Funding: $66.2M
pH7 develops and implements environmentally sustainable methods for extracting and refining strategic metals essential for the transition to renewable energy. The company created solvometallurgy technology, which utilizes non-aqueous solutions as a solvent to selectively extract metals from ores, concentrates and electronics waste. This process is complementary to hydrometallurgical and pyrometallurgical methods, achieving a near-zero environmental impact. The company says that its metals recovery process consumes 84% less energy, 98% less water and 100% less NOx and SOx emissions, while improving the efficiency of base and precious recovery of copper, tin, gold, silver, platinum and palladium. pH7's technology also enables the recovery of important metals and gold from heap (partially oxidized) ores at mines that are not realizing their maximum potential value.
pH7 develops and implements environmentally sustainable methods for extracting and refining strategic metals essential for the transition to renewable energy. The company created solvometallurgy technology, which utilizes non-aqueous solutions as a solvent to selectively extract metals from ores, concentrates and electronics waste. This process is complementary to hydrometallurgical and pyrometallurgical methods, achieving a near-zero environmental impact. The company says that its metals recovery process consumes 84% less energy, 98% less water and 100% less NOx and SOx emissions, while improving the efficiency of base and precious recovery of copper, tin, gold, silver, platinum and palladium. pH7's technology also enables the recovery of important metals and gold from heap (partially oxidized) ores at mines that are not realizing their maximum potential value.
11
Country: France | Funding: €42.5M
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.
12
Country: Chile | Funding: $35M
Ceibo develops the technology that allows to extract more copper out of existing mines
Ceibo develops the technology that allows to extract more copper out of existing mines
13
Country: Australia | Funding: $19.3M
ElectraLith develops direct lithium extraction and refining technology designed for efficient and sustainable lithium production.
ElectraLith develops direct lithium extraction and refining technology designed for efficient and sustainable lithium production.
14
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.
15
Country: USA | Funding: $12.1M
Lithios is a technology company that uses electrochemistry for advanced lithium extraction from tough mixtures.
Lithios is a technology company that uses electrochemistry for advanced lithium extraction from tough mixtures.
16
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.
17
Country: USA | Funding: $7M
ChemFinity Technologies is a chemical company that offers critical metal recovery, water purification, and gas separation services.
ChemFinity Technologies is a chemical company that offers critical metal recovery, water purification, and gas separation services.
18
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.
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.
19
Country: Italy | Funding: €2.5M
Circular Materials delivers sustainable & innovative solutions to recover critical raw materials from black mass and industrial wastewater.
Circular Materials delivers sustainable & innovative solutions to recover critical raw materials from black mass and industrial wastewater.
20
Country: USA
Determinant Materials is an electronic waste recycling and ethical materials production company.
Determinant Materials is an electronic waste recycling and ethical materials production company.
21
Country: USA
Verdant develops resource recovery technologies - focusing on neglected waste streams - to enable environmental conservation, resource retention, and supply chain resiliency. It recovers cobalt, zinc, gold, lithium and silver from electronics waste.
Verdant develops resource recovery technologies - focusing on neglected waste streams - to enable environmental conservation, resource retention, and supply chain resiliency. It recovers cobalt, zinc, gold, lithium and silver from electronics waste.
22
Country: India
Ecoverva is a Precious Metal Refining & E-Waste Recycling Company. It is one of the reputed organizations working in Catalytic Converter, E-Waste Recycling, Auto Dismantling, EPR provider.
Ecoverva is a Precious Metal Refining & E-Waste Recycling Company. It is one of the reputed organizations working in Catalytic Converter, E-Waste Recycling, Auto Dismantling, EPR provider.
23
Country: Italy
AraBat has developed a recycling technology that recovers critical metals like nickel, cobalt, and others from spent lithium‑ion batteries. The company’s process is bio-based, using plant waste like citrus peels rather than toxic chemicals.
AraBat has developed a recycling technology that recovers critical metals like nickel, cobalt, and others from spent lithium‑ion batteries. The company’s process is bio-based, using plant waste like citrus peels rather than toxic chemicals.
24
Country: USA
Critical Materials Recycling is a waste management company that recycles electronics and magnet production waste.
Critical Materials Recycling is a waste management company that recycles electronics and magnet production waste.
