Licovolt's Leap: A New Era in Battery Recycling
July 3, 2025, 4:45 am
In a world racing towards sustainability, Licovolt emerges as a beacon of innovation. This Dublin-based company has secured seed funding from Davencor Holdings, paving the way for a greener future. With this investment, Licovolt plans to create ten new jobs, signaling growth and opportunity in the battery recycling sector.
Licovolt is not just another startup. It’s a product of three years of intense research at University College Dublin (UCD). The brainchild of Tony Keene and Steven Ferguson, both associate professors at UCD, Licovolt has developed a groundbreaking method to extract valuable minerals from spent batteries. Think of it as a treasure hunt in the waste of yesterday’s technology.
The technology targets lithium, cobalt, nickel, and manganese—key ingredients in electric vehicle (EV) batteries and data centers. As the world shifts towards electric mobility and renewable energy, the demand for these materials is skyrocketing. Licovolt’s approach is not only cost-effective but also environmentally friendly. It reduces emissions significantly compared to traditional methods.
Clint Zahmel, Licovolt’s executive director, emphasizes the importance of this funding. It’s not just about money; it’s about momentum. The investment from Davencor Holdings will accelerate Licovolt’s technology development. The company aims to seize business opportunities swiftly, capitalizing on the global demand for recycled battery materials.
Davencor Holdings, led by John Corcoran, is no stranger to the electrical industry. Corcoran’s experience with Davenham Switchgear, a leader in electrical distribution, adds a layer of credibility to this partnership. His understanding of the data center landscape is invaluable. As data centers are projected to recycle up to two million Uninterruptible Power Supply (UPS) battery systems in the next five years, Licovolt stands at the forefront of this transformation.
The partnership with Davencor is strategic. It aligns Licovolt with a seasoned player in the industry, ensuring that the company is well-positioned to scale its operations. Corcoran recognizes the potential in Licovolt’s innovative approach. The synergy between the two companies could lead to significant advancements in battery recycling technology.
Earlier this year, Licovolt entered a joint development agreement with Pure Battery Technologies (PBT), an Australian company with operations in Germany. This collaboration aims to enhance Licovolt’s technology further. It’s a smart move, as PBT brings additional expertise and resources to the table. Together, they can push the boundaries of what’s possible in battery recycling.
The implications of Licovolt’s technology extend beyond just job creation. It represents a shift in how we view waste. Instead of seeing spent batteries as trash, Licovolt transforms them into valuable resources. This change in perspective is crucial as the world grapples with the challenges of electronic waste.
The electric vehicle market is booming. As more consumers and businesses adopt EVs, the need for sustainable battery solutions becomes paramount. Licovolt’s technology offers a pathway to recycle and reuse materials, reducing the environmental impact of battery production. It’s a win-win scenario—less waste and more resources for future technologies.
The creation of ten new jobs is a positive sign for the local economy. These positions will span various fields, including international business development, finance, chemical engineering, and battery innovation. Each role contributes to a larger mission: to revolutionize battery recycling and support the growing demand for sustainable practices.
As Licovolt prepares to expand, it faces challenges typical of any startup. The path to scaling technology is fraught with obstacles. However, with strong backing from Davencor and a solid partnership with PBT, Licovolt is equipped to navigate these waters. The company’s innovative spirit and commitment to sustainability position it well for future success.
In conclusion, Licovolt is more than just a company; it’s a movement towards a sustainable future. With its cutting-edge technology and strategic partnerships, it is poised to make a significant impact in the battery recycling industry. The investment from Davencor Holdings is a crucial step in this journey, enabling Licovolt to grow, innovate, and lead the charge in transforming waste into wealth. As the world shifts towards greener solutions, Licovolt stands ready to meet the challenge head-on. The future of battery recycling is bright, and Licovolt is at the helm.
Licovolt is not just another startup. It’s a product of three years of intense research at University College Dublin (UCD). The brainchild of Tony Keene and Steven Ferguson, both associate professors at UCD, Licovolt has developed a groundbreaking method to extract valuable minerals from spent batteries. Think of it as a treasure hunt in the waste of yesterday’s technology.
The technology targets lithium, cobalt, nickel, and manganese—key ingredients in electric vehicle (EV) batteries and data centers. As the world shifts towards electric mobility and renewable energy, the demand for these materials is skyrocketing. Licovolt’s approach is not only cost-effective but also environmentally friendly. It reduces emissions significantly compared to traditional methods.
Clint Zahmel, Licovolt’s executive director, emphasizes the importance of this funding. It’s not just about money; it’s about momentum. The investment from Davencor Holdings will accelerate Licovolt’s technology development. The company aims to seize business opportunities swiftly, capitalizing on the global demand for recycled battery materials.
Davencor Holdings, led by John Corcoran, is no stranger to the electrical industry. Corcoran’s experience with Davenham Switchgear, a leader in electrical distribution, adds a layer of credibility to this partnership. His understanding of the data center landscape is invaluable. As data centers are projected to recycle up to two million Uninterruptible Power Supply (UPS) battery systems in the next five years, Licovolt stands at the forefront of this transformation.
The partnership with Davencor is strategic. It aligns Licovolt with a seasoned player in the industry, ensuring that the company is well-positioned to scale its operations. Corcoran recognizes the potential in Licovolt’s innovative approach. The synergy between the two companies could lead to significant advancements in battery recycling technology.
Earlier this year, Licovolt entered a joint development agreement with Pure Battery Technologies (PBT), an Australian company with operations in Germany. This collaboration aims to enhance Licovolt’s technology further. It’s a smart move, as PBT brings additional expertise and resources to the table. Together, they can push the boundaries of what’s possible in battery recycling.
The implications of Licovolt’s technology extend beyond just job creation. It represents a shift in how we view waste. Instead of seeing spent batteries as trash, Licovolt transforms them into valuable resources. This change in perspective is crucial as the world grapples with the challenges of electronic waste.
The electric vehicle market is booming. As more consumers and businesses adopt EVs, the need for sustainable battery solutions becomes paramount. Licovolt’s technology offers a pathway to recycle and reuse materials, reducing the environmental impact of battery production. It’s a win-win scenario—less waste and more resources for future technologies.
The creation of ten new jobs is a positive sign for the local economy. These positions will span various fields, including international business development, finance, chemical engineering, and battery innovation. Each role contributes to a larger mission: to revolutionize battery recycling and support the growing demand for sustainable practices.
As Licovolt prepares to expand, it faces challenges typical of any startup. The path to scaling technology is fraught with obstacles. However, with strong backing from Davencor and a solid partnership with PBT, Licovolt is equipped to navigate these waters. The company’s innovative spirit and commitment to sustainability position it well for future success.
In conclusion, Licovolt is more than just a company; it’s a movement towards a sustainable future. With its cutting-edge technology and strategic partnerships, it is poised to make a significant impact in the battery recycling industry. The investment from Davencor Holdings is a crucial step in this journey, enabling Licovolt to grow, innovate, and lead the charge in transforming waste into wealth. As the world shifts towards greener solutions, Licovolt stands ready to meet the challenge head-on. The future of battery recycling is bright, and Licovolt is at the helm.