Top 7 Battery Recycling startups in Canada

Jan 03, 2025 | By Marjana Bačić

1
Funding: $1.1B
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.
2
Funding: $125.3M
Lithion Recycling is a Company that allows environmentally responsible and economically viable management of lithium-ion batteries.
3
Funding: $96.8M
Electra is an ESG-focused battery materials company advancing the only fully integrated.
4
Funding: $85M
Cyclic Materials is recycling rare earth elements (REEs) from magnets powering the modern world.
5
Funding: $22.7M
Moment Energy develops clean, affordable, and reliable energy storage by repurposing retired electric vehicle batteries.
6

American Manganese has patented a process which recovers lithium, cobalt, nickel, manganese and aluminum from cathodes used in lithium-ion batteries.
7
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.
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