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Environment Tech Series B Founded 2017

Li Industries

Li Industries is a clean technology company that develops sustainable technologies for lithium-ion battery materials production and recycling, creating a circular economy through advanced automated processes. The company focuses on closed-loop materials production technologies that reduce environmental impact and improve the economics of battery material supply chains. Li Industries works with battery manufacturers,…

📍 Blacksburg, United States · Solid Waste Management Tech,

Funding snapshot

Last roundSeries B
Amount$6M
Date27 June 2024
Total raised$49M
Team size33

About

Li Industries is a clean technology company that develops sustainable technologies for lithium-ion battery materials production and recycling, creating a circular economy through advanced automated processes. The company focuses on closed-loop materials production technologies that reduce environmental impact and improve the economics of battery material supply chains. Li Industries works with battery manufacturers, recyclers, and collectors to build technologies that find greater efficiencies in supply chains, using patent-protected technology to produce low-cost and high-performance battery materials. The company tech-first, automated approach replaces traditionally manual processes, resulting in lowest economic and environmental costs and increased predictability over critical materials supply chains. Founded in 2017 and headquartered in Blacksburg, Virginia, Li Industries has raised approximately $49.3 million in Series B funding from investors including GM Ventures, DNX Ventures, TechEnergy Ventures, Robert Bosch Venture Capital, Khosla Ventures, and LG Technology Ventures.

Business model

Energy Storage Tech > Battery > Components > Diversified > Battery Raw Material > Recycled,

Solid Waste Management Tech > Recycling > Upcycling > Battery

Institutional investors

America’s Seed Fund GM Ventures DNX Ventures TechEnergy Ventures Robert Bosch Venture Capital Khosla Ventures LG Technology Ventures Anglo American Chevron Technology Ventures Shell Myriad Venture Partners Xerox Ventures National Science Foundation

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