NEU Battery Materials

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NEU Battery Materials

StatusActiveWebsitehttps://neumaterials.com/Vertical(s)Energy, EnvironmentLatest Funding RoundSeedYear founded2021HeadquartersSingaporeSpun of fromNational University of SingaporeTechnology Readiness LevelDeployment (TRL 7-8)

NEU Battery Materials is a Singapore-based lithium recycling startup.

Technology

NEU Battery Materials uses a redox targeting electrochemical extraction to recovers lithium from black mass.

Their patented process requires electricity as its only consumable, and utilises regenerative chemicals to avoid toxic waste and harsh acids. This technique produces battery-grade lithium which can be supplied back to battery manufacturers, and is the world’s first redox targeting recycling method capable of processing lithium iron phosphate (LFP) batteries.

Intellectual Property

The startup currently owns or licenses the following patents:

• Patent 1
• Patent 2

Participation in any technology transfer programmes may be worth describing here as well.

Business Model

Describe the startup's business model here, with emphasis on any key differentiators or business model innovations.

Traction

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Accolades

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Funding

NEU Battery Materials secured a US$3.7 million in an oversubscribed seed funding round led by SGInnovate, with participation from ComfortDelGro Ventures, Shift4Good, Paragon Ventures.

Funding History
Investor	Round
SGInnovate	Seed
ComfortDelGro Ventures	Seed
Shift4Good	Seed
Paragon Ventures	Seed

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Note: This list is community-maintained and may be incomplete or contain inaccuracies.

See also

• List any other pages directly relevant to NEU Battery Materials