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Li Industries

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Li Industries is a climate tech company developing the next generation of lithium-ion battery recycling technologies

Pineville, United StatesFounded 2017Transportation
Valuation $100–250M Last recorded · 2024
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Li Industries and the history behind them.

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 data

At 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

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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 ↗
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Growth signals

Li Industries website traffic

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.

Latest monthly visits1.5K 3-month web change+87.5% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

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
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Li Industries on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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