In today’s briefing:
- NEU Battery Materials Scores US$3.7M for Sustainable Recycling of Li-Ion Batteries
NEU Battery Materials Scores US$3.7M for Sustainable Recycling of Li-Ion Batteries
- NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, has secured US$3.7 million in an oversubscribed seed funding round led by SGInnovate.
- ComfortDelGro Ventures, Shift4Good, Paragon Ventures I, and other angel investors also joined.
- These funds will accelerate the deployment of NEU Battery Materials’s automated recycling line, which will lower operational manpower requirements.
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