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As demand for lithium explodes, battery recycling startup Tozero sprints to scale with $11.7M seed

TechCrunch: Climate

Tozero, a Munich-based startup that recovers valuable raw materials from recycled lithium-ion batteries, is gearing up to scale. The startup just closed an oversubscribed €11 million seed round (around $11.7M) to step up production by building its first industrial deployment (A.K.A first-of-a-kind or FOAK) plant.

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Cathode active materials startup ACT-ion raises $7.5 million in funding round

Charged

Battery cathode active materials (CAM) startup ACT-ion Battery Technologies has raised $7.5 million in a pre-Series A funding round. million round was led by BASF Venture Capital and included participation from Hunt Energy Enterprises, Mirae Asset Capital, Arosa Capital Management and LG Technology Ventures.

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Battery recycling, two ways

GreenBiz

A new corps of startups have different methods, but the same goal: Avoid the environmental and human impacts of lithium mining.

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Startups scout mining sites to repurpose as large-scale gravity energy storage facilities

Energy Storage News

Two startups presenting gravity-based energy storage technologies for commercialisation have signed partnerships with major players in engineering and mining.

Startups 286
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Non-lithium energy storage tech firms Torus and Alsym raise combined US$145 million

Energy Storage News

US-based startups Torus and Alysm Energy have raised a combined US$145 million to scale up their non-lithium energy storage technology businesses.

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KORE Power launches ‘Made in USA’ DC Blocks for LFP and NMC battery chemistries

Energy Storage News

US-based lithium-ion battery and energy storage system (ESS) manufacturing startup KORE Power has launched two new DC Block products.

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Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly

TechCrunch: Climate

But rising demand is putting more attention on the limits and drawbacks of current generation lithium-ion (Li-ion) battery technology. startup is developing next-gen […] © 2024 TechCrunch. Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change.

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