Li-Cycle And Glencore Enter Into Long-Term Commercial Agreements And Close Glencore $200 Million Investment In Li-Cycle
Amount Raised
$200 Million
Round Type
Venture
TorontoEnergyRenewable EnergyDescription
Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that it has executed long-term commercial agreements with Glencore plc (LON: GLEN) (“Glencore”), a leading provider of primary metals for the production of electric vehicle (EV) batteries. The Company also announced that Glencore has concurrently completed its previously announced $200 million investment in Li-Cycle through the purchase of a five-year convertible note, and that Kunal Sinha, Glencore’s Head of Recycling, has been appointed to Li-Cycle’s Board of Directors.
Quick answer
Li Cycle raised $200 Million in a funding round, dated June 1, 2022. Li Cycle is based in Toronto, Ontario, Canada.
- How much did Li Cycle raise?
- Li Cycle raised $200 Million in a funding round on June 1, 2022.
- What does Li Cycle do?
- Li-Cycle (NYSE: LICY) is a leading global lithium-ion battery resource recovery company.
- Where is Li Cycle based and how big is it?
- Li Cycle is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Li Cycle?
- Fundz holds 1 contact at Li Cycle. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Li Cycle that raised within 45 days of this round, from Fundz verified event records.
- Atlas Lithium Corp raised $740K (Seed) on July 7, 2022.
- Atlas Lithium Corp raised $3.4M (Seed) on July 6, 2022.
- Oxford Quantum Circuits raised $50M (Series A) on July 5, 2022.
- Redwood Materials raised $154M on June 17, 2022.
- ENERGY FOCUS, INC/DE raised $3.5M (Seed) on June 17, 2022.
- TransAlta raised an undisclosed amount (Series C) on June 16, 2022.
Who to call at Li Cycle, and when
A new round usually means Li Cycle is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Li Cycle raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Li Cycle, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Li Cycle. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Li Cycle raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Li Cycle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.