BatX Energies
Leading the global transition to clean energy through innovative, sustainable battery recycling.
Leading the global transition to clean energy through innovative, sustainable battery recycling.
BatX Energies is a pioneering company in India, founded in 2020 by Utkarsh Singh and Vikrant Singh, with a mission to revolutionize lithium-ion battery recycling. The company's proprietary "Zero Waste-Zero Emission" technology enables the recovery of critical metals such as lithium, cobalt, and nickel from end-of-life batteries with over 99.5% purity. This not only reduces India’s reliance on imported raw materials but also mitigates environmental hazards associated with mining.
With advanced facilities and a focus on second-life applications for partially used batteries, BatX has garnered global recognition and accolades, including Forbes 30 Under 30 Asia 2023, BW Recycling World Award 2024, and others.
The company has received substantial institutional support, including a grant from the Ministry of Heavy Industries (MHI) for advancements in lithium extraction technology and backing from the EXIM Bank of India to expand its operations.
In its latest milestone, BatX secured a $5.00M Seed Round investment at 19 December 2023 from notable investors including Zephyr Peacock, JITO Angel Network, LetsVenture, Mankind Group Family office, Excel industries family office, and Blusmart family office.
With a vision aligned with the UN’s 17 SDGs and India’s Net-Zero by 2070 goals, BatX Energies is poised to lead the global energy transition, driving sustainability and redefining the future of battery production in the ESG and Energy sectors.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $5.00M | 6 |
|
19 Dec 2023 |
| Seed Round | INR130.00M | 4 |
|
23 Jun 2022 |
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