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Ascend Elements vs LOHUM

Ascend Elements logo

Ascend Elements

Refining critical minerals for greater supply security and energy independence

160 employees · est. 2015 · Westborough, United States

VS
LOHUM  logo

LOHUM

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

436 employees · est. 2017 · India

Ascend Elements is the older company (2015 vs 2017); LOHUM is the larger of the two.

Side-by-Side Comparison

Ascend Elements LOHUM
Founded
2015 older 2017
Headquarters
Westborough, United States India
Employees
160 436 larger
Industry
Manufacturing, Sustainability, Energy Storage Manufacturing, Sustainability, Automotive
Funding Stage
Secondary Market Series B
Total Funding
$1.71B $4.53B
Funding Rounds
16 3
Services
Recycling lithium-ion batteries, Producing high-performance battery materials, Direct cathode precursor synthesis, Materials tracking and logistics support, End-to-end battery material recovery Battery Materials Recycling, Battery Repurposing Solutions, Residual Value Assessment of Batteries, EPR Compliance Services, Logistics and Traceability Solutions for Battery Recycling
Target Customers
Lithium-ion battery manufacturers, Electric vehicle manufacturers, OEMs, Companies focused on sustainability, Entities requiring battery recycling solutions OEMs, Dealerships, Battery Manufacturers, Financiers, Energy Storage Sector
Taxonomy
Sustainable Battery MaterialsEV Battery RecyclingClosed-loop SolutionsHydro-to-Cathode TechnologyLithium-ion Battery PrecursorCathode Active Materials +9 Lithium-ion Battery ManufacturingProprietary Battery TechnologyBattery Fabrication TechniquesBattery Reuse TechnologySecond Life Battery SolutionsCell Testing +9
Website
ascendelements.com lohum.com
Ascend Elements logo

About Ascend Elements

Ascend Elements, established in 2015 and headquartered in Westborough, Mass., is a pioneering force in the lithium-ion battery materials sector. With a strong focus on sustainability within the manufacturing, sustainability, and energy storage industries, the company aims to advance environmental go...

LOHUM  logo

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...

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Frequently Asked Questions

Ascend Elements was founded in 2015, based in Westborough, United States, with 160 employees. Ascend Elements, established in 2015 and headquartered in Westborough, Mass., is a pioneering force in the lithium-ion battery materials sector. With a strong focus on sustainability within the manufa. LOHUM was founded in 2017, based in India, with 436 employees. 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.
Ascend Elements has raised $1.71B and LOHUM $4.53B. Latest stage: Ascend Elements Secondary Market, LOHUM Series B.
Both work in Manufacturing and Sustainability.

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Compiled from the BounceWatch company index. We last looked at Ascend Elements on 19 Aug 2025, and LOHUM on 19 Aug 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.

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