Battery-recycling startups are popping up to try and solve booming demand.
Singapore’s Green Li-ion bagged $11.55 million for its process to recycle used cells without wastage.
We got an exclusive look at the pitch deck it used for the Series A funding round.
Singapore-based Green Li-ion wants to stop rechargeable batteries from going into landfills.Global uptake of smartphones, laptops, electric vehicles, and other devices have boosted demand for batteries — which rely on a dwindling supply of precious metals. The market for battery cell production is expected to reach $360 billion by 2030, according to an analysis by McKinsey.But the batteries that power our devices can only be recharged for a certain number of times. Once they reach the end of their life…
Green Li-Ion Raises $11.55 Million for Recycling Batteries
