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Li Industries
Li Industries is a climate tech company developing the next generation of lithium-ion battery recycling technologies
About Li Industries
Li Industries is a technology startup that specializes in developing advanced battery recycling technologies. The company operates in the battery recycling market, serving a diverse range of clients including lithium-ion battery (LIB) manufacturers, cathode producers, battery recyclers, and battery collectors.
Li Industries' business model is centered around creating innovative solutions that enhance automation, competitiveness, and sustainability in the battery recycling supply chain. The company generates revenue by providing its clients with advanced technologies that improve efficiency and reduce costs in their operations.
One of their key offerings is the Smart Battery Sorting solution. This technology uses artificial intelligence and a suite of measurement techniques to automate the process of battery identification and separation. It's capable of separating batteries by specific chemistry at a faster speed, with greater accuracy, and at a lower cost than traditional methods.
Another significant innovation from Li Industries is their Direct Li-ion Battery Recycling process. This unique method isolates various components from spent lithium-ion batteries and regenerates them into commercial-grade battery materials for reuse. This recycling method is more cost-effective and sustainable than other recycling methods in the market.
Li Industries is committed to driving cost savings and promoting environmental sustainability through their technology solutions. They aim to automate traditionally manual processes, resulting in lower costs, greater accuracy, and increased predictability in the supply chain. The company envisions a world where efficient recycling processes are the standard, not just a nice-to-have.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Pineville, United States
- Employees
- 33
- Open positions
- 1
- Dealroom signal
- 70.9/100
- Industry
- Energy, Transportation
- Sub-industry
- Energy Efficiency, Energy Storage
- Sector
- Transportation, Battery, Spinout, Sustainable Development Goals, EV Battery Recycling, EV Battery, Climate Tech, Electric Mobility, Circular Economy
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Sep 2024 | $55M | — | US Department of Energy | ↗ |
| SERIES BOther financing | May 2024 | $36M | $144M | Shell Ventures · Myriad Venture Partners · Khosla Ventures · Bosch Ventures | ↗ |
Growth signals
Latest recorded traffic for Li Industries is 1.5K monthly website visits, up 87.5% over the last three months. Li Industries's team grew 0% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
US National Science Foundation
US Department of Energy
Series A8 investors entered at this stage
Khosla Ventures
Myriad Venture Partners
Shell Ventures
Bosch Ventures
LG Technology Ventures
Chevron Technology Ventures
Anglo American
Formosa Smart Energy Tech
Other known investors1 additional known investor
Worcester Polytechnic Institute
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Li Industries on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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