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Blue Whale Materials
Li-ion recycling solution
About Blue Whale Materials
Blue Whale Materials is a startup that operates in the recycling sector, specifically focusing on lithium-ion (li-ion) batteries. The company has developed a solution to safely reclaim and responsibly supply critical materials such as cobalt, nickel, and lithium, which are essential for the rapidly expanding electrified economy.
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The company's primary clients are li-ion battery manufacturers who are in need of a stable and ethical source of these critical materials. Blue Whale Materials operates in the American market, aiming to strengthen the country's supply chain by reducing reliance on foreign mines and refineries. This is particularly important as these foreign sources can pose significant supply chain challenges that could potentially impact American technology companies, consumers, and the broader economy.
Blue Whale Materials' business model is centered around its innovative recycling technology. This technology not only meets the skyrocketing demand for critical battery materials but also benefits the environment by reducing reliance on environmentally harmful mining operations and recycling waste from spent batteries.
The company generates revenue by selling the reclaimed materials back to battery manufacturers, providing them with an ethically sourced, recycled stream of cobalt, nickel, and lithium. This effectively closes the loop in the battery production process, making it more sustainable and efficient.
At a glance
- Founded
- 2015
- Headquarters
- Washington DC, United States
- Sector
- Energy
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
US Department of Energy
Series B and later1 investor entered at this stage
Ara Partners
Source: Dealroom Talent Intelligence.
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team presence
Market sentiment
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