Cirba Solutions Secures Additional Investment From Marubeni To Expand Circular Ev Battery Materials Supply Chain

Feb 09, 2023•almost 3 years ago

CharlotteRenewable EnergyEnergyManufacturing

Investors

Marubeni Corporation

Description

Cirba Solutions, the largest and most comprehensive battery management and materials processor for end-of-life batteries and gigafactory manufacturing scrap, today announced a $50 million minority investment from the Marubeni Corporation ("Marubeni"). This investment further supports Cirba Solutions' ongoing efforts to rapidly expand its operational footprint addressing the needs of the market to create a sustainable closed loop battery materials supply chain.

Company Information

Company

Cirba Solutions

Location

Charlotte, North Carolina, United States

About

Cirba Solutions is a premier battery recycling materials and management company using advanced technology to extract critical materials from scrap and used batteries and then supplying those battery-grade metals back into the supply chain. The only vertically integrated team with an operational, differentiated platform and a full suite of capabilities. Creating a circular battery supply chain is critical to ensuring that today's resources are used to their fullest potential.

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