Green Li-ion

Green Li-ion is a Singapore-based startup that is transforming the energy storage industry with its innovative technology. The company specializes in the full remanufacturing of spent Lithium-Ion batteries and waste, positioning itself as a global leader in this niche. Their mission is to contribute to environmental sustainability by recycling one spent battery at a time.

Green Li-ion's proprietary Green-HydrorejuventationTM technology is licensed to recyclers, battery Original Equipment Manufacturers (OEMs), and cathode producers. This technology allows these entities to recycle spent batteries, reducing waste and contributing to a more sustainable energy industry.

The company operates in the energy storage and recycling market, serving clients that range from battery manufacturers to recycling companies. Their business model revolves around licensing their technology to these clients, providing them with the means to recycle spent batteries efficiently.

Green Li-ion recently secured $20.5 million in pre-Series B funding, led by Singapore-based decarbonization venture capital firm TRIREC. This funding will be used to ramp up the deployment of its battery-recycling machines and expand its global reach. Other investors in this round included SOSV, Thailand-based solar energy technology provider Banpu NEXT, and Equinor Ventures, the corporate VC arm of Norwegian energy firm Equinor.

Keywords: Green Li-ion, Energy Storage, Battery Recycling, Lithium-Ion Batteries, Green-HydrorejuventationTM Technology, Original Equipment Manufacturers (OEMs), Cathode Producers, Decarbonization, Venture Capital, Sustainable Energy.