LOHUM powers next-gen li-ion battery mobility & energy solutions, gives batteries multiple lives through reuse technology, and makes battery materials last forever through recycling.
LOHUM creates enhanced customer value through 3 primary technologies:
1) Lithium-ion battery manufacturing: We design and manufacture advanced lithium-ion batteries through proprietary technology and fabrication techniques.
2) Battery reuse or 2nd life solutions for used batteries: We identify healthy batteries through our proprietary cell testing and then reuse those batteries in another application.
3) Battery material recycling to recover valuable materials upon end-of-life: For batteries that cannot be reused, we recycle them to recover value materials such as cobalt, lithium, nickel and graphite. If recycled properly, these materials can be used over and over again without any performance degradation.
Location: United States, California, Santa Monica
Employees: 11-50
Phone: +91 98103 20927
Total raised: $61M
Founded date: 2017
Investors 2
Date | Name | Website |
10.01.2024 | Tracxn Lab... | tracxnlabs... |
23.06.2022 | Capella Pa... | capella.vc |
Funding Rounds 2
Date | Series | Amount | Investors |
15.03.2024 | Series B | $54M | - |
20.01.2021 | Series A | $7M | - |
Mentions in press and media 23
Date | Title | Description | Source |
25.04.2024 | E-Waste Start-ups Capitalizing On EV Battery Recycling Lohum... | - | entreprene... |
12.04.2024 | Deals in brief: 9Basil acquires AlteriQ Global, Empower buys... | 9Basil Group acquires AlteriQ Global 9Basil Group, a Thailand-based alternative investments firm, ha... | kr-asia.co... |
10.04.2024 | Singularity Growth Invests In Lohum, Akshayakalpa, 3 Other C... | SUMMARY Singularity Growth said it has invested INR 400 Cr in five companies, along with a commitmen... | inc42.com/... |
29.03.2024 | ETtech Deals Digest: Startup funding in March falls 37% to $... | ETtech Technology startups logged a total funding value of about $622.5 million in March 2024, down ... | economicti... |
17.03.2024 | Battery Tech Startup Lohum Making Waves with $54 Million Ser... | Lohum, a battery tech startup, has secured a whopping $54 million in a Series B funding round, signa... | parsers.vc... |
15.03.2024 | Lohum Secures $54 Million for Global Expansion | POWER & RENEWABLE ENERGY Lohum Secures $54 Million for Global Expansion 15 Mar 2024 2 Min Read C... | constructi... |
14.03.2024 | Deals in brief: LaunchVic to fund specialized angel networks... | LaunchVic introduces new grants to fund specialized angel investment networks LaunchVic, the Victori... | kr-asia.co... |
14.03.2024 | Battery tech startup LOHUM raised $54 M Series B funding | The $54 million Series B funding round for the battery tech startup LOHUM was made public. The inves... | incubees.c... |
13.03.2024 | Battery recycling firm Lohum raises $54 million in funding | ETtech Energy transition materials maker Lohum has raised Rs 450 crore ($54 million) in a primary fu... | economicti... |
13.03.2024 | Battery tech startup Lohum raised additional $14.5 M Series ... | In its current Series B round, Lohum Cleantech, a manufacturer of clean energy transition materials ... | incubees.c... |
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