Princeton NuEnergy is a clean-tech start-up focused on the direct recycling of lithium-ion batteries from electric vehicles and consumer electronics. PNE’s patented “Cathode-to-CathodeTM” technology can reduce half cost and over 70% CO2 emissions compared with traditional recycling technologies.
Location: United States, New Jersey, Princeton
Total raised: $68.3M
Investors 3
| Date | Name | Website |
| 07.06.2022 | Shell Vent... | shell.com |
| 15.05.2022 | WorldQuant... | worldquant... |
| - | GS Futures | gsfutures.... |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 28.06.2024 | Series A | $30M | - |
| 13.05.2024 | Series A | $10.3M | - |
| 09.11.2023 | Series A | $16M | - |
| 18.11.2022 | Grant | $12M | - |
Mentions in press and media 16
| Date | Title | Description |
| 28.06.2024 | Princeton NuEnergy: Lithium Ion Battery Recycling Company Secures $30 Million In Series A | Princeton NuEnergy (PNE), a leader in lithium-ion battery direct recycling furthering America’s circular economy, announced it closed a Series A funding round with a strategic investment from Samsung Venture Investment (Samsung’s corporate ... |
| 20.06.2024 | PRINCETON NUENERGY LAUNCHES FLAGSHIP FACILITY IN SOUTH CAROLINA | Nation's first commercial-scale battery direct recycling manufacturing facility establishes disruptive technology in the United States CHESTER COUNTY, S.C. and PRINCETON, N.J. , June 20, 2024 /PRNewswire/ -- Princeton NuEnergy (PNE), a glob... |
| 18.06.2024 | Princeton NuEnergy's Breakthrough in Battery Recycling: A $30 Million Game-Changer | In a groundbreaking move that is set to reshape the landscape of battery recycling, Princeton NuEnergy has successfully closed a $30 million Series A funding round. This significant investment will pave the way for the construction of the c... |
| 17.06.2024 | Princeton NuEnergy Closes USD $30M Series A Funding | Princeton NuEnergy (PNE), a Princeton, NJ-based leader in lithium-ion battery direct recycling, closed a USD30m Series A funding. Backers included a strategic investment from Samsung Venture Investment Corporation, Samsung’s corporate ventu... |
| 17.06.2024 | PRINCETON NUENERGY CLOSES $30 MILLION OVERSUBSCRIBED SERIES A FUNDING, ANNOUNCES NEW STRATEGIC INVESTORS | PRINCETON, N.J., June 17, 2024 /PRNewswire/ -- Princeton NuEnergy (PNE), a leader in lithium-ion battery direct recycling furthering America's circular economy, today closed a Series A funding round with a strategic investment from Samsung ... |
| 17.06.2024 | Exclusive: Princeton NuEnergy raises $30M to recycle batteries with plasma | figcaption>span]:font-sans" data-chromatic="ignore"> Princeton NuEnergy closed a $30 million Series A to tear apart, purify, and remake battery materials using what's known as direct recycling. Why it matters: The unive... |
| 15.05.2024 | Princeton NuEnergy Revolutionizes Battery Recycling with $10.3 Million Funding Boost | Princeton NuEnergy, a cutting-edge clean-tech company, secures an additional $10.3 million in Series A funding to advance their revolutionary lithium-ion battery direct recycling technology. This latest financing round, totaling $26.4 milli... |
| 13.05.2024 | Princeton NuEnergy (PNE) Raises Additional $10.3 Million in Series A Funding to Advance Lithium-ion Battery Direct Recycling Technology | Latest financing totaling $26.4 million over six months, supplements the company's $16.1 million initial closing with the remaining round attracting valuable strategic partners. BORDENTOWN, N.J., May 13, 2024 /PRNewswire/ -- Princeton NuEne... |
| 13.05.2024 | Princeton NuEnergy Raises Additional $10.3M in Series A Funding | Princenton NuEnergy, a Bordentown, NJ-based clean-tech innovator specializing in lithium-ion battery direct recycling, raised additional $10.3M in Series A funding. Backers included SCGC (a subsidiary of SCG Group), Tech Council Ventures, a... |
| 09.11.2023 | Princeton NuEnergy Secures $16M in Funding | ECONOMY & POLICY Princeton NuEnergy Secures $16M in Funding 09 Nov 2023 CW Team Princeton NuEnergy, a leading clean energy company, has announced raising $16 million in funding. The investment will be utilized to further enhance the dev... |
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