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Private Capital Markets

Neu Battery Materials / Private Capital Markets

<ul><li>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.</li><li>ComfortDelGro Ventures, Shift4Good, Paragon Ventures I, and other angel investors also joined.</li><li>These funds will accelerate the deployment of NEU Battery Materials’s automated recycling line, which will lower operational manpower requirements.</li></ul>

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.

NEU Battery Materials Scores US$3.7M for Sustainable Recycling of Li-Ion Batteries