Li-Cycle

A leading global lithium-ion battery resource recovery company.

General Information
Company Name
Li-Cycle
Founded Year
2016
Location (Offices)
Toronto, Canada +5
Founders / Decision Makers
Number of Employees
251
Industries
Renewable Energy, Sustainability, Energy Storage
Funding Stage
Post Ipo Debt
Social Media

Li-Cycle - Company Profile

Li-Cycle is a leading global lithium-ion battery resource recovery company, with the slogan "A leading global lithium-ion battery resource recovery company." Established in 2016, the company's mission is to recover critical battery-grade materials to create a domestic closed-loop battery supply chain for a clean energy future. Li-Cycle leverages its innovative, sustainable, and patent-protected Spoke & Hub Technologies™ to recycle all different types of lithium-ion batteries.

At its Spokes, or pre-processing facilities, the company recycles battery manufacturing scrap and end-of-life batteries to produce black mass, a powder-like substance containing valuable metals such as lithium, nickel, and cobalt. In the future, at its Hubs, or post-processing facilities, Li-Cycle plans to process black mass to produce critical battery-grade materials, including lithium carbonate, for the lithium-ion battery supply chain.

With major customers and partners around the world, Li-Cycle has made significant strides in the Renewable Energy industry. The company is headquartered in Canada.

Notably, Li-Cycle received a $101.19M Post-IPO Debt investment from Glencore on 12 March 2024. This latest investment underscores the confidence of a key industry player in Li-Cycle's mission and technology for sustainable battery resource recovery.

For further information, visit https://li-cycle.com/.

Taxonomy: Clean Technology, Lithium-ion battery recycling, Lithium-ion batteries, Lithium, Cobalt, Nickel, Manganese, Graphite, Aluminum, Resource Recovery, Circular Economy, Clean Energy, Battery-grade Materials, Spoke & Hub Technologies

Funding Rounds & Investors of Li-Cycle (10)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Debt - Li $101.19M 1 Glencore 12 Mar 2024
Grant - Li Unknown 1 BloombergNEF 17 Apr 2023
Post-IPO Debt - Li $375.00M 1 US Department of Energy 27 Feb 2023
Post-IPO Debt - Li $200.00M 1 Glencore 05 May 2022
Post-IPO Equity - Li $50.00M 2 LG Chem 15 Dec 2021

View All 10 Funding Rounds

Latest News of Li-Cycle

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No recent news or press coverage available for Li-Cycle.

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