All Updates

All Updates

icon
Filter
Funding
Li Industries raises USD 36 million in Series B funding to construct recycling facility
Waste Recovery & Management Tech
May 9, 2024
This week:
M&A
Funding
TravelPerk raises USD 135 million in debt funding for expansion; acquires AmTrav
Travel Tech
Yesterday
Product updates
Apple announces Apple Pay Later shutdown
Buy Now, Pay Later
Jun 17, 2024
Management news
Velo3D appoints Brad Kreger as permanent CEO
Additive Manufacturing
Jun 17, 2024
Partnerships
Perplexity partners with SoftBank for AI search engine promotion in Japan
Generative AI Applications
Jun 17, 2024
Product updates
Runway launches Gen-3 Alpha for generating video clips
Generative AI Applications
Jun 17, 2024
Product updates
Adobe integrates Firefly into Acrobat with chat support across multiple documents in Acrobat AI Assistant
Generative AI Applications
Jun 17, 2024
Funding
Amplify Life raises USD 20 million in Series B to expand product suite
InsurTech: Personal Lines
Jun 17, 2024
Funding
Tinybird raises USD 30 million in Series B funding to improve real-time data analytics platform
Data Infrastructure & Analytics
Jun 17, 2024
Partnerships
The EVERY Company collaborates with Grupo Palacios to develop hen-less omelets
Plant-based Dairy & Egg
Jun 17, 2024
Partnerships
Believer Meats partners with AGWA to propel cultivated meat industry in MENA region
Cell-cultured Meat
Jun 17, 2024
Waste Recovery & Management Tech

Waste Recovery & Management Tech

May 9, 2024

Li Industries raises USD 36 million in Series B funding to construct recycling facility

Funding

  • Li Industries, a Virginia-based closed-loop battery recycling solution provider, has raised USD 36 million in a Series B funding round led jointly by Bosch Ventures, Khosla Ventures, and LG Technology Ventures. Formosa Smart Energy Tech Corp, Anglo American Decarbonization Ventures, and Chevron Technology Ventures also participated alongside existing investors Shell Ventures and Myriad Ventures.

  • The funding will be used to construct a 10,000-ton recycling facility that utilizes Li Industries' proprietary Direct Electrode-to-Electrode (Direct E2ETM) recycling technology.

  • Analyst QuickTake: The company previously raised USD 7 million through a Series A funding round in August 2022 to support its expansion efforts. The company also reports that it intends to expand the funding round to USD 42 million.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.