Lithium batteries play a vital role in the transition from fossil fuels to a clean energy future – but what happens when they reach the end of their life? Renewable Metals’ unique alkali recycling process recovers critical minerals from old batteries so they can be used again and again. Our process recovers almost all the lithium, nickel, cobalt, copper and manganese in batteries, with fewer steps and lower costs, without creating another waste problem (like disposing of sodium sulfate). Big picture? It’s about finding practical, impactful, sustainable ways to accelerate decarbonisation and protect our planet. Recycling is the lowest-carbon source of critical minerals. A new perspective on a worldwide problem Renewable Metals was founded by a team of expert West Australian metallurgists who’ve spent decades extracting battery metals from mining ore bodies and concentrates around the world. As a major producer of lithium, nickel and other metals, Australia boasts some world-leading metal extraction experts. Unlike the rest of the world, the country has a long history of alkali-based metallurgy for refining nickel and cobalt. That collective knowledge put us in a unique position to invent a world-first, alkali-based recycling process. As our concept comes to life, we’re working with businesses throughout the global lithium battery supply chain. Want to get involved? Get in touch.
Employees: 1-10
Total raised: $8M
Founded date: 2020
Investors 3
| Date | Name | Website |
| 27.10.2023 | Virescent ... | virescent.... |
| - | Impact Ven... | impactvent... |
| 30.04.2023 | EnergyLab | energylab.... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 05.10.2023 | Seed | $8M | - |
Mentions in press and media 11
| Date | Title | Description |
| 19.09.2024 | The Pulse of Innovation: A Dive into Recent Funding Trends in Southeast Asia | In the bustling landscape of Southeast Asia, innovation is the lifeblood of growth. Recent funding rounds tell a compelling story of ambition, strategy, and the relentless pursuit of market expansion. Companies are not just surviving; they ... |
| 13.09.2024 | Deals in brief: Happy5 acquires SugarOKR, EDBI backs Arta Finance, Xendit’s XenCapital secures credit facility from Helicap, and more | Happy5 acquires SugarOKR to expand into US market Indonesia-based Happy5, a rising player in enterprise performance management, has announced the acquisition of Singapore-based SugarOKR for an undisclosed amount. The acquisition primes Happ... |
| 12.09.2024 | Renewable Metals secures $8.1 million in seed extension round | L-R: Renewable Metals team, Luan Atkinson (CEO), Mark Urbani (Co-Founder, CTO), Gary Johnson (Co-Founder), Peter Beaven (Chair of the Board), Ben Lindsay (Investible), Nick Vines (Co-Founder). Source: supplied article-article-body Western A... |
| 11.09.2024 | Humble Sustainability: Pioneering the Circular Economy in Southeast Asia | In a world drowning in electronic waste, Humble Sustainability emerges as a beacon of hope. This Philippines-based climate tech startup is on a mission to transform how businesses handle their discarded technology. With a recent pre-Series ... |
| 11.09.2024 | Deals in brief: Humble secures pre-Series A funding, Renewable Metals closes seed extension round, Maybank invests in Funding Societies, and more | NewsDeals in brief: Trive Ventures launches new fund, Zus Coffee bags MYR 250 million, East Ventures and Temasek Foundation wrap up CIIC 2024, and more Written by KrASIA Writers Trive Ventures, Zus Coffee, Genesis Alternative Ventures, and ... |
| 29.01.2024 | CEFC-backed Virescent Ventures entrenches position as Australia's largest specialist climate tech VC as portfolio surpasses $260M | SYDNEY, Jan. 29, 2024 /PRNewswire/ -- Australia's pioneer climate tech VC Virescent Ventures today confirmed its specialist portfolio is over $260 million, having backed 33 innovative climate tech businesses and funds/incubators. Kristin Va... |
| 06.10.2023 | Deals in brief: Alami Group secures growth funds, CMCC Global launches Titan Fund, Mensa Brands raises USD 40 million, and more | The technology landscape is undergoing an unprecedented transformation amidst the meteoric rise of artificial intelligence, and major corporations are all vying for a piece of the action. Visa recently unveiled a USD 100 million venture fun... |
| 05.10.2023 | CEFC, Virescent Ventures, Investible, and Grantham Foundation back battery recycling startup Renewable Metals in $8m round | SYDNEY, Oct. 5, 2023 /PRNewswire/ -- Australian battery recycling startup, Renewable Metals, has received $8 million in seed funding from the CEFC (via Virescent Ventures), Investible (the lead investor via its early-stage Climate Tech Fund... |
| 05.10.2023 | Deals in brief: Investree to secure Series D funding, JBIC partners with India’s NIIF for sustainability fund, Investible backs Renewable Metals, and more | Investree to secure up to USD 230.8 million in Series D funding through joint venture in Doha The Indonesian online lending platform is set to secure Series D funding of up to EUR 220 million (USD 230.8 million) through the establishment of... |
| 05.10.2023 | Renewable Metals close $8m Seed round to scale groundbreaking battery recycling tech | Australian battery recycling startup Renewable Metals has closed an $8 million investment round to scale and commercialise its groundbreaking lithium-ion |
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