Ascend Elements, a lithium-ion battery recycling and engineered materials company, announced a strategic investment of $50 million from SK ecoplant, the environmental unit of Korean
NEU Battery Materials Secures $0.5 Million in Seed Funding
Singapore-based start-up NEU Battery Materials, a lithium recycling company, raised S$800,000 (~$0.54 million) in a seed funding round. Momentum Venture Capital and Se-cure Waste Management led
Li-Cycle Raises $50 Million Through Common Share Offering
Li-Cycle, a lithium-ion battery recycling company, completed a $50 million aggregate investment in common shares from LG Energy Solutions (LGES) and LG Chem (LGC). Following
Princeton NuEnergy Raises $7 Million for Lithium-ion Battery Recycling
Princeton NuEnergy, a clean-tech startup company spun out from Princeton University and focused on directly recycling lithium-ion batteries from electric vehicles and consumer electronics, raised
Funding and M&A Roundup: Lithium-ion Battery Manufacturer Mitra Raises $20 Million
Mitra Future Technologies (Mitra Chem), a lithium-ion battery materials manufacturer, raised $20 million in a Series A funding round. Social Capital led the round with
Funding and M&A Roundup: Solar Leasing Firm Enpal Raises $322 Million
Enpal, a German-based solar PV and battery leasing solutions company, secured senior debt commitments of €275 million (~$322 million) from BlackRock, Pricoa Private Capital, and
Battery Storage, Smart Grid, and Energy Efficiency Companies Bring in $2.8 Billion in VC Funding in 2018
In 2018, $2.8 billion was raised by Battery Storage, Smart Grid, and Energy Efficiency companies, an increase from the $1.5 billion raised in 2017. Click