P
Princeton NuEnergy
Transportation · United States · Founded 2019
Delivers a cost-efficient, environmentally friendly lithium-ion battery recycling solution MoreLess
Princeton NuEnergy (PNE) is a startup that operates in the lithium-ion battery recycling and materials production sector. The company uses its patented LPAS™ technology, a low-temperature plasma-assisted separation process, to provide a cost-efficient and environmentally friendly solution for recycling lithium-ion batteries. This process not only reduces global greenhouse gas emissions but also delivers strong Environmental, Social, and Governance (ESG) values, making it an attractive proposition for companies looking to enhance their sustainability credentials.
PNE's primary clients are companies that have a significant need for lithium-ion batteries, such as manufacturers of electric vehicles and electronic devices. These companies are increasingly concerned about the availability of battery supply and materials, and PNE's recycling solution helps to alleviate these concerns by providing a sustainable source of materials.
The company's business model is based on partnerships with companies like Wistron GreenTech, eTak Worldwide, and Greenland. These collaborations allow PNE to integrate its recycling solution into the supply chains of its partners, thereby ensuring a steady stream of materials for recycling and a consistent source of revenue.
PNE makes money by charging its partners for the recycling services it provides. The company's innovative technology and environmentally friendly approach give it a competitive edge in the market, making it an attractive option for companies looking to recycle their lithium-ion batteries in a sustainable way.
Keywords: Lithium-ion Battery Recycling, Materials Production, LPAS™ Technology, Environmentally Friendly, Greenhouse Gas Reduction, ESG Values, Electric Vehicle Manufacturers, Supply Chain Integration, Sustainable Materials Source, Revenue from Recycling Services.
Company overview
Princeton NuEnergy company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2019
- Headquarters
- United States
- Employees
- 36
- Open positions
- 1
- Dealroom signal
- 74.3
Valuation & funding
Princeton NuEnergy funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Aug 2025 | $0 | — | US National Science Foundation | ↗ |
| SERIES AOther financing | May 2024 | $10M | $80M | Tech Council Ventures · SCG Chemicals Public Company | ↗ |
| SERIES AOther financing | Nov 2023 | $16M | $64M | GS Futures · WorldQuant Ventures · Honda · Shell Ventures | ↗ |
| GRANTOther financing | Sep 2023 | $4.4M | — | US Department of Energy | ↗ |
| GRANTOther financing | Nov 2022 | $12M | — | US Department of Energy | ↗ |
| SEEDOther financing | May 2022 | Shell Ventures · WorldQuant Ventures · Greenland Technologies · Cleantech Open | ↗ | ||
| GRANTOther financing | Aug 2021 | New Jersey Economic Development Authority | — | ||
| ANGELOther financing | Mar 2021 | Undisclosed | — | ||
| GRANTOther financing | Jan 2020 | Undisclosed | — | ||
| SPINOUTOther financing | Jun 2019 | Princeton University | — |
Growth signals
Princeton NuEnergy website traffic
Latest recorded traffic for Princeton NuEnergy is 450 monthly website visits, down 80.4% over the last three months. Princeton NuEnergy's team declined 5.3% over the past year.
Hiring
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Princeton NuEnergy's talent
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Investors
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