a year ago

Altilium Secures $12 Million Series A Funding to Expand Recycling Operations

  • Altilium, a London, UK-based clean technology group focused on supporting the energy transition to net zero, has raised $12 million in Series A funding

  • The round was led by SQM Lithium Ventures and will be used to expand operations and development efforts

  • Altilium offers high-volume, low-carbon domestic sources of cathode and anode materials from recycling waste streams

  • Its proprietary EcoCathode™ process converts end-of-life EV batteries and manufacturing scrap into sustainable battery precursors.

      • ProblemTechnology Infrastructure

      "The automotive industry is heavily reliant on imported, unsustainable battery materials, making it difficult to meet the demand for electric vehicles and achieve net zero emissions."

      Solution

      "Altilium offers a sustainable alternative by recycling end-of-life EV batteries and manufacturing scrap to create domestic, low-carbon battery precursors and materials, enabling the production of new batteries without relying on unsustainable sourcing."

      Covered on