NEU Battery Materials

Electrifying Battery Recycling

General Information
Company Name
NEU Battery Materials
Founded Year
2021
Location (Offices)
Singapore +1
Founders / Decision Makers
Number of Employees
21
Industries
Energy, Manufacturing, Sustainability +1
Funding Stage
Seed
Social Media

NEU Battery Materials - Company Profile

NEU Battery Materials, founded in 2021, is revolutionizing the lithium battery recycling industry with its innovative technology. The company's mission to provide a greener, scalable, and commercially viable alternative to conventional processes is underpinned by their patented LFP-first technology. This pioneering approach enables near-zero waste recycling of lithium batteries, offering a circular solution to recover critical metals. Last investment of $3.70M in a Seed Round was secured on 03 July 2023 from SGInnovate, Paragon Capital Management Singapore, Shift4Good, and ComfortDelGro, showcasing strong support from notable investors. With its headquarter in Singapore, the company is disrupting the energy and manufacturing industries. NEU Battery Materials' modular recycling units, which only consume water and electricity, demonstrate the company's commitment to sustainability. The company's electrifying slogan "Electrifying Battery Recycling" succinctly encapsulates its impactful mission. For stakeholders seeking to participate in the sustainable battery revolution, NEU Battery Materials presents an exciting opportunity.

Taxonomy: battery recycling, lithium-ion batteries, LFP-first technology, sustainable technology, greener processes, circular economy, modular recycling units, environmentally friendly, industrial innovation

Funding Rounds & Investors of NEU Battery Materials (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round $3.70M 4 ComfortDelGro 03 Jul 2023
Seed Round SGD800.00K 2 Se-cure Waste Management 22 Jun 2022

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