Battery Recycling Startup Batx Raises $5 Million In Funding From Zephyr Peacock, Lets Venture
Amount Raised
$5 Million
Round Type
Funding Round
GurugramRenewable EnergyChemical Raw Materials ManufacturingDescription
Lithium battery recycling startup BatX Energies said on Tuesday it has raised $5 million in funding from Zephyr Peacock and Lets Venture. Existing investors JITO Angel Network and the family offices of Mankind Pharma, Excel Industries and BluSmart also participated in the round.The startup said the funds will be used for market expansion and to scale up recycling operations across the country.
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