NEU Battery Materials is a Singapore-based startup committed to closing the loop for Lithium Ion Batteries, specifically for Lithium Iron Phosphate (LFP). As EV adoption grows rapidly, raw materials are unable to keep up, putting a strain on our environment. Recycling helps to allievate this strain however current recycling methods are also costly and pollutive.
At NEU, we produce sustainable battery grade lithium with our novel patented electrochemical technology, with near zero waste and minimal emission. We are currently building a pilot plant in Singapore to process LFP batteries. Moving forward, we plan to expand our reach worldwide to aid in the transition of a circular EV economy.
The road to a net-zero economy is only possible with collaboration. If you are an industry player interested in building a cleaner future with us, feel free to reach out to us via email: hello@neumaterials.com
Curious to learn more about us? Visit our website!
At NEU, we produce sustainable battery grade lithium with our novel patented electrochemical technology, with near zero waste and minimal emission. We are currently building a pilot plant in Singapore to process LFP batteries. Moving forward, we plan to expand our reach worldwide to aid in the transition of a circular EV economy.
The road to a net-zero economy is only possible with collaboration. If you are an industry player interested in building a cleaner future with us, feel free to reach out to us via email: hello@neumaterials.com
Curious to learn more about us? Visit our website!
Location: Singapore
Employees: 1-10
Total raised: $4.28M
Founded date: 2021
Investors 1
| Date | Name | Website |
| - | MomentUM (... | momentumvc... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 05.07.2023 | Seed | $3.7M | - |
| 22.06.2022 | Seed | $576.77K | - |
Mentions in press and media 11
| Date | Title | Description |
| 15.08.2023 | From waste to resource: NEU Battery Materials’ electrochemical separation solution for lithium ion batteries | Amidst the worldwide transition towards climate-conscious initiatives, electric vehicle developments have emerged as a key strategy to reduce carbon emissions. The momentum of this movement is exemplified in numbers: electric car sales cros... |
| 05.07.2023 | NEU Battery Materials Raises US$3.7M in Seed Funding | NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, raised US$3.7M in Seed funding. The round was led by SGInnovate. Other investors included ComfortDelGro Ventures, Shift4Good, Paragon Ventures I, and angel inve... |
| 05.07.2023 | NEU Battery Materials concludes oversubscribed US$3.7M Seed Funding Round | SINGAPORE, July 5, 2023 /PRNewswire/ -- NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, has raised a total of US$3.7M in an oversubscribed Seed Funding Round led by SGInnovate, a Singapore government-backed D... |
| 04.07.2023 | NEU Battery Materials wrapped up its oversubscribed $3.7 M Seed funding round | SGInnovate, a Singapore government-backed deep tech investor and ecosystem builder, led the oversubscribed seed funding round that raised $3.7 million for NEU Battery Materials, a lithium-ion battery recycling startup with headquarters in S... |
| 28.06.2023 | Singapore's NEU Battery Materials raises $3.1m to recycle lithium from used batteries | Singapore-based NEU Battery Materials, which has commercialised a technology to recycle lithium from used batteries, has raised $3.1 million in funding, show regulatory filings accessed by DealStreetAsia. |
| 21.09.2022 | Norway's Vianode invests $194 million in battery materials plant | COPENHAGEN : Vianode, owned by Norsk Hydro, Elkem and Altor, will invest 2 billion Norwegian crowns ($193.51 million) in building a large-scale plant for sustainable battery materials in Norway, the firm said on Wednesday. "The decisio... |
| 14.07.2022 | Umicore invests $1.2 in battery materials plant in Ontario | The Belgian materials technology and recycling group Umicore is investing C$1.5 billion ($1.2 billion) to build its first factory in North America for the mass production of cathode and precursor materials for electric vehicle batteries. Th... |
| 27.06.2022 | New Battery Materials Raises S$800K in Seed Funding | Neu Battery Materials, a Singapore-based Deeptech startup, raised S$800K in Seed funding. The round was led by Momentum Venture Capital and Se-cure Waste Management. This seed round also includes angel investments from two business angels i... |
| 22.06.2022 | NUS-backed battery firm raises $576k to build recycling plant | GreenTechInvestmentsNewsStartups Qishin Tariq · 1d ago · 2 min readNUS-backed battery firm raises $576k to build recycling plant Deep-tech startup Neu Battery Materials has raised S$800,000 (US$576,000) in seed funding after completing the ... |
| 22.06.2022 | NUS GRIP Deep tech start-up, NEU Battery Materials raises S$800,000 in seed funding | Company to commercialise world's first sustainable lithium iron phosphate battery recycling solution for truly clean lithium batteries SINGAPORE, June 22, 2022 /PRNewswire/ -- Deeptech start-up, NEU Battery Materials has raised a total of S... |
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