Battery Resourcers offers a fundamentally new approach to lithium-ion battery manufacturing, starting with a mixed stream of used lithium-ion batteries and ending with the production of finished, battery-ready cathode active materials. With 97% metal recovery, Battery Resourcers can produce Nickel Manganese Cobalt (NMC)-based cathode active materials with 35% reduction in cost, 32% reduction in emissions, and 13% reduction in energy consumption compared to the production of virgin cathode.

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Funding Events

Date	Amount	Type	Investors	Valuation
04/12/21	$20,000,000	Series B	At One Ventures Doral Energy-Tech Ventures InMotion Ventures Orbia Ventures TDK Ventures Trumpf Ventures	undisclosed
09/21/21	$70,000,000	Venture	At One Ventures Doral Energy-Tech Ventures Hitachi Ventures InMotion Ventures Orbia Ventures TDK Ventures Trumpf Ventures	undisclosed