NEU Battery Materials logo — Electrifying Battery Recycling

NEU Battery Materials

Electrifying Battery Recycling

Founded 2021 Singapore Singapore 19 employees Seed Total: $4.50M Energy, Manufacturing +2

General Information

Company Name NEU Battery Materials
Founded Year 2021
Location Singapore Singapore +1
Employees 19
Industries Energy, Manufacturing, Sustainability +1
Funding Stage Seed
Social

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About NEU Battery Materials

NEU Battery Materials, founded in 2021 and headquartered in Singapore, is revolutionizing the battery recycling sector with its slogan, Electrifying Battery Recycling. Positioned at the intersection of Energy, Manufacturing, Sustainability, and Waste Solution industries, the company strives to become the largest and cleanest source of recycled lithium globally.

At the core of NEU Battery Materials is a patented electrochemical redox recycling method, uniquely employing electricity and water. This innovation targets the underutilized LFP batteries, presenting a novel opportunity for automotive OEMs, gigafactories, battery manufacturers, and recyclers to extract untapped value.

The company secured a $3.70M Seed Round investment on 03 July 2023. Key investors include SGInnovate, Paragon Capital Management Singapore, Shift4Good, and ComfortDelGro, reflecting strong market confidence and strategic backing.

Taxonomy: Electrochemical Redox Recycling, Lithium-ion Battery Recycling, LFP Batteries, Sustainable Battery Materials, Battery Grade Lithium Production, Minimal Emission Technology, Near Zero Waste Processes, Automotive OEM Partnerships, Gigafactory Collaboration, Battery Manufacturers Support, Recyclers Collaboration, Clean Technology Innovation, Raw Material Circular Economy, Environmentally Friendly Recycling

Services & Products

Electrochemical modules for metal recovery
In-house battery-grade metal recovery
Production scrap recovery
Battery waste reduction

Target Customers

Battery Manufacturers eMobility Firms Energy Storage System (ESS) Firms eWaste Recyclers

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 4
Investor Investor Investor
•••• ••••
03 Jul 2023
Seed Round •••••• 2
Investor
•••• ••••
22 Jun 2022

NEU Battery Materials Alternatives & Competitors

NEU Battery Materials vs
LOHUM
LOHUM India

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

Series B
436 employees
Manufacturing, Sustainability
NEU Battery Materials vs

Leading the way in lead-acid battery recycling and reconditioning across the United States, serving...

21 employees
NEU Battery Materials vs
Green Li-ion
Green Li-ion Singapore

Revolutionising sustainable energy storage with world first modular technology to fully rejuvenate L...

Series B
36 employees
Renewable Energy

FAQ About NEU Battery Materials

Electrifying Battery Recycling
NEU Battery Materials was founded in 2021.
NEU Battery Materials is headquartered in Singapore.
NEU Battery Materials operates in the following industries: Energy, Manufacturing, Sustainability, Waste Solution.
NEU Battery Materials has approximately 19 employees.
NEU Battery Materials has completed 2 funding rounds, raising a total of $4.50M. The latest funding stage is Seed.
NEU Battery Materials offers: Electrochemical modules for metal recovery, In-house battery-grade metal recovery, Production scrap recovery, Battery waste reduction.
Top alternatives and competitors to NEU Battery Materials include LOHUM , EAGLE BATTERY, Green Li-ion, Li Industries, ACE Green Recycling, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NEU Battery Materials and LOHUM 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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