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Top 10 Battery Recycling startups
Updated: April 22, 2024 | 30 |
Battery recycling startups are developing technologies such as advanced sorting systems, innovative hydrometallurgical processes, and efficient smelting techniques to effectively and sustainably recover valuable metals like lithium, cobalt, and nickel from spent batteries, mitigating environmental risks, reducing resource depletion, and promoting the circular economy for battery materials.
1
Country: USA | Funding: $3.8B
Redwood Materials is a advanced technology and process development for materials recycling, re-manufacturing, and reuse.
Redwood Materials is a advanced technology and process development for materials recycling, re-manufacturing, and reuse.
2
Country: USA | Funding: $1.5B
Battery Resourcers is bringing sustainable closed loop recycling to the Li-ion battery industry.
Battery Resourcers is bringing sustainable closed loop recycling to the Li-ion battery industry.
3
Country: USA | Funding: $1.5B
Ascend Elements turns spent lithium-ion batteries into ones that are better than new — longer-lasting, faster-charging and less-polluting.
Ascend Elements turns spent lithium-ion batteries into ones that are better than new — longer-lasting, faster-charging and less-polluting.
4
Country: Canada | Funding: $1B
Li-Cycle is as a resource recovery company focused on creating a closed-loop supply chain for the lithium-ion batteries that increasingly power everything from smartphones to automobiles.
Li-Cycle is as a resource recovery company focused on creating a closed-loop supply chain for the lithium-ion batteries that increasingly power everything from smartphones to automobiles.
5
Country: USA | Funding: $574.5M
EnergyX's direct lithium extraction technology can make lithium metal directly from brine and potentially in anode-ready form for electric vehicle batteries.
EnergyX's direct lithium extraction technology can make lithium metal directly from brine and potentially in anode-ready form for electric vehicle batteries.
6
Country: USA | Funding: $377.4M
Cirba Solutions is a sustainability company providing battery recycling management and materials.
Cirba Solutions is a sustainability company providing battery recycling management and materials.
7
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.
8
Country: USA | Funding: $134.2M
American Battery Technology Company champions environmental and ethical sourcing of critical battery materials..
American Battery Technology Company champions environmental and ethical sourcing of critical battery materials..
9
Country: Canada | Funding: $103.3M
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.
10
Country: Canada | Funding: $91.8M
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.
11
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.
12
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.
13
Country: USA | Funding: $6M
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.
14
Country: India | Funding: $44.4M
Lohum Cleantech enables re-use of used li-ion battery cells
Lohum Cleantech enables re-use of used li-ion battery cells
15
Country: 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.
16
Country: USA | Funding: $41.8M
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.
17
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.
18
Country: Singapore | Funding: $35.5M
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
19
Country: Canada | Funding: $30.6M
Cyclic Materials provides recycling services recovering rare earth elements.
Cyclic Materials provides recycling services recovering rare earth elements.
20
Country: Canada | Funding: $20.6M
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.
21
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.
22
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.
23
Country: Taiwan | Funding: $18.6M
Jae Young Technology is a waste battery recycling company, that developed an efficient in-house process to extract high-purity lithium from lithium waste, including end-of-life electric vehicle (EV) batteries.
Jae Young Technology is a waste battery recycling company, that developed an efficient in-house process to extract high-purity lithium from lithium waste, including end-of-life electric vehicle (EV) batteries.
24
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.
25
Country: Germany | Funding: $12.6M
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.
26
Country: Germany | Funding: $13.2M
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.
27
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.
28
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.
29
Country: Singapore | Funding: $10M
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.
30
Country: Australia
Envirostream’s technology is able to recover 95% of the resources from end-of-life batteries, which are then converted into raw materials for new batteries resulting in a circular economy.
Envirostream’s technology is able to recover 95% of the resources from end-of-life batteries, which are then converted into raw materials for new batteries resulting in a circular economy.
32
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.
33
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.
34
Country: Germany | Funding: €5.3M
Voltfang develops home storage solutions for private houses using recycled traction batteries.
Voltfang develops home storage solutions for private houses using recycled traction batteries.
35
Country: Philippines | Funding: A$8M
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: 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.
37
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.
38
Country: Germany | Funding: €3.5m
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.
39
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.
40
Country: Finland | Funding: €2.5M
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.
41
Country: USA | Funding: $2.6M
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.
42
Country: UK | Funding: £900K
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.
43
Country: USA
Ridwell recycles items such as batteries, light bulbs and textiles not typically accepted by existing recycling services.
Ridwell recycles items such as batteries, light bulbs and textiles not typically accepted by existing recycling services.
44
Country: Germany
Duesenfeld has developed a highly sustainable way to recycle lithium-ion-batteries.
Duesenfeld has developed a highly sustainable way to recycle lithium-ion-batteries.
45
Country: India
Metastable Materials extract metals from end-of-life Lithium-ion batteries.
Metastable Materials extract metals from end-of-life Lithium-ion batteries.
46
Country: Italy | Funding: $1M
Redivivus designs and develops environmental impact reduction products.
Redivivus designs and develops environmental impact reduction products.
47
Country: Australia | Funding: $625K
Developing technology for safe shredding, robot dismantling, black mass separation/critical material recovery & fire suppressants
Developing technology for safe shredding, robot dismantling, black mass separation/critical material recovery & fire suppressants
48
Country: Belgium | Funding: $400K
Umicore is a global materials technology and recycling group. It now recovers copper, cobalt and nickel in volumes of 7,000 metric tons per year, and it has expanded into lithium recovery as well.
Umicore is a global materials technology and recycling group. It now recovers copper, cobalt and nickel in volumes of 7,000 metric tons per year, and it has expanded into lithium recovery as well.
49
Country: USA | Funding: $225K
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: $120K
Ziptrax Cleantech leverages AI to repurpose discarded Li-ion batteries and manufactures battery packs for electric two and three-wheeler vehicles. AI is used to determine application of various cells
Ziptrax Cleantech leverages AI to repurpose discarded Li-ion batteries and manufactures battery packs for electric two and three-wheeler vehicles. AI is used to determine application of various cells
