Last deal

Amount

Series A

Stage

22.09.2022

Date

5

all rounds

$118.4M

Total amount

General

About Company
Lithion Recycling offers an environmentally responsible and economically viable lithium-ion battery recycling service.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Lithion

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The company has developed an innovative combination of hydro- and electrometallurgy-based extraction processes, resulting in a low-carbon process that generates zero effluent. This allows up to 95% of the components of lithium-ion batteries to be recovered and treated for reuse by battery manufacturers, closing the loop on battery life-cycle. Lithion Recycling aims to commercialize its technology worldwide, with a pilot plant already constructed in 2019 and a first commercial project planned for Quebec, Canada in 2023. The plants using this technology will be compact, modular, and affordable.
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