Ascend Elements
Refining critical minerals for greater supply security and energy independence.
160 employees · est. 2015 · Westborough, United States
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
| Metric | Ascend Elements | LOHUM |
|---|---|---|
| Founded | ||
| Founded | 2015 older | 2017 |
| Headquarters | ||
| Headquarters | Westborough, United States | India |
| Employees | ||
| Employees | 160 | 436 larger |
| Industry | ||
| Industry | Manufacturing, Sustainability, Energy Storage | Manufacturing, Sustainability, Automotive |
| Funding Stage | ||
| Funding Stage | Secondary Market | Series B |
| Total Funding | ||
| Total Funding | $1.71B | $4.53B |
| Funding Rounds | ||
| Funding Rounds | 16 | 3 |
| Services | ||
| 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 | ||
| 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 | ||
| Taxonomy | Sustainable Battery Materials, EV Battery Recycling, Closed-loop Solutions, Hydro-to-Cathode Technology, Lithium-ion Battery Precursor, Cathode Active Materials, Greenhouse Gas Emissions Reduction, Advanced Battery Materials, Hydroprocess Recycling, Direct Recycling, Precious Metal Recovery, Resource Efficiency, Clean Manufacturing, Circular Economy, Asset Optimization | 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 |
| Website | ||
| Website | ascendelements.com | lohum.com |
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...
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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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.