Princeton NuEnergy (PNE), a U.S.-based, innovative clean-tech company founded out of Princeton University, is quickly revolutionizing the critical materials supply chain with its patented direct recycling technology for lithium-ion batteries. PNE's patented low-temperature plasma-assisted separation process (LPAS™) produces battery-grade cathode and anode materials suitable for direct reintroduction into cell manufacturing. This direct recycling process delivers recycling efficiency rates of over 95% and exceptional ESG performance at half the cost and with a much lower environmental footprint compared to conventional methods. In 2022 PNE launched the first end-to-end production-scale lithium-ion battery direct recycling line in the U.S.

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Funding Events

Date	Amount	Type	Investors	Valuation
11/06/23	$16,000,000	Series A	Greenland Technologies GS Futures Honda Shell Technology Ventures Traxys North America Wistron Corp WorldQuant Ventures	undisclosed