Pineville, United States
Li Industries, a rapidly growing player in the critical battery materials sector, excels in developing state-of-the-art Li-ion battery recycling and materials production technologies. Founded in 2017 and based in Pineville, NC, the company offers scalable direct recycling solutions for lithium-ion batteries from both electric vehicles and consumer electronics.
Li Industries’ standout feature is its unique and patented direct recycling process capable of recycling all types of lithium-ion batteries. This enables the production of high-purity, commercial-grade battery materials in a manner that is faster, more cost-effective, and environmentally friendly compared to traditional methods.
Following its recent $42.00M Series B investment on 09 May 2024, the company enjoys robust backing from notable investors such as DNX Ventures, Khosla Ventures, Chevron Technology Ventures, Robert Bosch Venture Capital, General Motors, LG Technology Ventures, TechEnergy Ventures, Anglo American, and Formosa Smart Energy.
