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LOHUM logo — Li-ion battery manufacturer and battery materials (cobalt, l...

LOHUM

Li-ion battery manufacturer and battery materials (cobalt, lithium, etc.) recycler enabling a circular supply chain.

Founded 2017 India India 436 employees Series B Total: $4.53B Manufacturing, Sustainability +1

General Information

Company Name LOHUM
Founded Year 2017
Location India India +2
Employees 436
Industries Manufacturing, Sustainability, Automotive
Funding Stage Series B
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About LOHUM

LOHUM, founded in 2017 and headquartered in India, positions itself at the forefront of the Manufacturing, Sustainability, and Automotive industries. With its slogan, "Li-ion battery manufacturer and battery materials (cobalt, lithium, etc.) recycler enabling a circular supply chain," LOHUM focuses on extending the lifecycle of battery technologies through a circular economic model.

The company capitalizes on three core technologies: advanced Lithium-ion battery manufacturing, innovative battery reuse for second life applications, and sustainable battery material recycling. This combination not only enhances product longevity but also emphasizes material efficiency, reducing dependency on new raw resources.

Recently, LOHUM secured a significant INR4.50B Series B investment on 11 March 2024. Investors included Ventureast, Baring Private Equity Partners India, Cactus Venture Partners, Singularity AMC, Vyoman India Private Limited, Mukul Mahavirparasad Agarwal, and Madhuri Madhusudan Kela. This funding round underlines strong market confidence in LOHUM's innovative approach and its potential to reshape global battery supply chains.

Taxonomy: Lithium-ion Battery Manufacturing, Proprietary Battery Technology, Battery Fabrication Techniques, Battery Reuse Technology, Second Life Battery Solutions, Cell Testing, Circular Supply Chain, Battery Material Recycling, Cobalt Recovery, Lithium Recovery, Nickel Recovery, Graphite Recovery, Value Material Recovery, Advanced Battery Mobility, Energy Solutions

Services & Products

Battery Materials Recycling
Battery Repurposing Solutions
Residual Value Assessment of Batteries
EPR Compliance Services
Logistics and Traceability Solutions for Battery Recycling

Target Customers

OEMs Dealerships Battery Manufacturers Financiers Energy Storage Sector

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 7
Investor Investor Investor
•••• •••• 		11 Mar 2024
Series B •••••• 3 •••• •••• 09 Feb 2024
Venture Round •••••• - 18 Jan 2021

LOHUM Alternatives & Competitors

LOHUM vs
Ascend Elements
Ascend Elements United States

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160 employees
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LOHUM vs
American Battery Technology Company
American Battery Technology Company United States

Lithium-ion battery recycling, battery metal extraction technologies, & primary mineral resource dev...

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LOHUM vs
Li Industries
Li Industries United States

A critical battery materials company developing advanced Li-ion battery recycling and materials prod...

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Compare LOHUM vs Li Industries

FAQ About LOHUM

Li-ion battery manufacturer and battery materials (cobalt, lithium, etc.) recycler enabling a circular supply chain.
LOHUM was founded in 2017.
LOHUM is headquartered in India.
LOHUM operates in the following industries: Manufacturing, Sustainability, Automotive.
LOHUM has approximately 436 employees.
LOHUM has completed 3 funding rounds, raising a total of $4.53B. The latest funding stage is Series B.
LOHUM offers: Battery Materials Recycling, Battery Repurposing Solutions, Residual Value Assessment of Batteries, EPR Compliance Services, Logistics and Traceability Solutions for Battery Recycling.
Top alternatives and competitors to LOHUM include Ascend Elements, American Battery Technology Company, Li Industries, BatX Energies, Li-Cycle. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
LOHUM and Ascend Elements are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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