Battery Resourcers is revolutionizing the production of lithium-ion battery materials by establishing a clean and sustainable supply chain using recycled feedstock. Currently most lithium-ion batteries are landfilled and if they are recycled only the metal value from the batteries is recovered using processes like pyrometallurgy or hydrometallurgy. The Battery Resourcers Hydro-to-Cathode technology directly synthesizes new cathode materials from spent lithium-ion cells more efficiently than traditional methods, reducing cost. Its cathode materials impart over 50% better cycle life and 88% higher power capabilities vs cells using traditional materials. It has the lowest emissions in the industry compared to not only traditional recycling processes but also traditional cathode production processes. All together this enables lower cost cathode materials, less batteries in landfill, a cleaner manufacturing process, better battery performance, and a truly sustainable closed-loop circular battery economy. Battery Resourcers is taking the lithium-ion battery industry to a higher level.
Location: United States, Massachusetts, Westborough
Employees: 51-200
Total raised: $90M
Founded date: 2015
Founders name: Eric Gratz
Investors 4
| Date | Name | Website |
| 15.05.2021 | InMotion V... | inmotionve... |
| - | MassVentur... | mass-ventu... |
| - | MassChalle... | masschalle... |
| - | Orbia Vent... | orbia.com |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 21.09.2021 | Series B | $70M | - |
| 12.04.2021 | Series B | $20M | InMotion V... |
Persons 17
| Date | First Name | Last Name | Title | Location | |||
| - | Dhiren | Mistry | Associate ... | linkedin.c... | - | d*****y@ba... | - |
| - | Andrew | Aberdale | - | linkedin.c... | - | A*******e@... | - |
| - | Shaowei | Pang | Sr. Manufa... | linkedin.c... | - | s***g@batt... | - |
| - | Kshama | Vyas | - | linkedin.c... | - | k***s@batt... | - |
| - | Eric | Gratz | Co-Founder... | linkedin.c... | - | e****z@bat... | - |
| - | Keith | Wallace | Senior Vic... | linkedin.c... | - | k******e@b... | - |
| - | Kee-Chan | Kim | - | linkedin.c... | - | k**m@batte... | - |
| - | Dan | Russell | Chief Oper... | linkedin.c... | - | d******l@b... | - |
| - | Maureen | Stanton | Intern | linkedin.c... | - | i**o@batte... | - |
| - | Liam | Lochhead | Vice Presi... | linkedin.c... | - | l*******d@... | - |
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Mentions in press and media 31
| Date | Title | Description |
| 01.07.2024 | Li Industries: Lithium-Ion Battery Recycling Company Secures $42 Million In Series B | Li Industries announced it closed a Series B funding round with an additional $6 million commitment from investors. The company’s new investors include General Motors (GM) Ventures, DNX Ventures, and Tech Energy Ventures. This latest fundin... |
| 17.05.2024 | €55M for European battery recycling, Accel closes $650M fund, and Norwegian startups to watch | This week our research tracked more than 85 tech funding deals worth over €426 million, and 5 exits, M&A transactions, rumours, and related news stories across Europe. In addition to this week's top financials, we've also indexed the mo... |
| 07.02.2024 | Battery Recycling Market Expected to Hit a Valuation of US$ 29.9 Billion, With a CAGR of 7.2% During 2024-2032 | Global Battery Recycling Market BROOKLYN, NEW YORK, USA, February 7, 2024 /EINPresswire.com/ -- The latest report published by IMARC Group, titled “Battery Recycling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forec... |
| 19.12.2023 | Battery recycling startup BatX raises $5 million in funding from Zephyr Peacock, Lets Venture | ETtechBatX Energies cofounder & CEO Utkarsh Singh (eft) and cofounder & CTO Vikrant Singh Lithium battery recycling startup BatX Energies said on Tuesday it has raised $5 million in funding from Zephyr Peacock and Lets Venture. Exis... |
| 23.02.2023 | China’s Fangyuan Gains on Plan to Invest Up to USD290.4 Million in New EV Battery Recycling Plant | (Yicai Global) Feb. 23 -- Shares in Guangdong Fangyuan Environment advanced by as much as 4.4 percent today after the Chinese battery cathode materials supplier said it will spend as much as CNY2 billion (USD290.4 million) to build a recycl... |
| 08.09.2022 | Lithium-Ion Battery Recycling Market is Expected to Reach the Value of USD 8,198.92 Million, At a CAGR of 21.3% During the Forecast Period 2022-2029 | HOUSTON, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Data Bridge Market Research Published Latest Global Lithium-Ion Battery Recycling Market Study by in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and fo... |
| 02.09.2022 | SK ecoplant invests $50 million in U.S based EV battery recycling company | - |
| 24.06.2022 | Battery Recycling Startup BatX Energies Raises $1.6 Million In Seed Funding Round | - |
| 29.12.2021 | Attero to invest Rs 300 cr to boost Li-ion battery recycling capacity | POWER & RENEWABLE ENERGY Attero to invest Rs 300 cr to boost Li-ion battery recycling capacity 29 Dec 2021 CW Team Attero, an E-waste recycling firm makes plans for making an investment worth Rs 300 crore for increasing its current lith... |
| 12.10.2021 | Augmented reality startup Magic Leap gets a reset with new funding | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Magic Leap began its life in 2011 as a mysterious augmented reality startup from Florida that man... |
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