Green Li-ion is a Singapore-based startup that aims to revolutionize the global battery recycling sector with its innovative modular technology for rejuvenating Lithium-Ion batteries. The company's patented deep technology is cleaner, faster, and 4x more profitable than current recycling methods, effectively addressing the existential risks to the precious metals industry and the environment. Green Li-ion's modular processing plants offer a solution to the pressing need for greater sustainability and security of supply in the battery industry. With a focus on rejuvenation and re-use, the company's Multi-Cathode technology and control unit, GLMC-1, enhance current Lithium-Ion battery recycling lines, leading to 4x profits for e-recyclers and a significant reduction in production time. In 2023, Green Li-ion received a $20.50M Series B investment from a consortium of notable investors including SOSV, Banpu Next, Envisioning Partners, TES (Singapore), Monterey Bay Economic Partnership, Equinor Ventures, EDP Renewables, ISDonseo (Korea), Decarbonization Consortium, and DPI Energy Ventures. The company's revolutionary approach to battery recycling and its strong backing from strategic investors position it as a promising player in the renewable energy industry. With increasing emphasis on sustainability and circular economy practices, Green Li-ion's technology offers a compelling solution to the challenges faced by the battery industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B - Green Li | $20.50M | 10 | Monterey Bay Economic Partnership, Equinor Ventures +4 | 10 Mar 2023 |
Series A - Green Li | Unknown | - | 30 Dec 2022 | |
Series A - Green Li | $11.55M | - | 27 Jan 2022 | |
Seed Round - Green Li | $3.45M | - | 05 Mar 2021 | |
Seed Round - Green Li | Unknown | - | 09 Jun 2020 |
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