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NEU Battery Materials closes US$7.6 million funding round to scale LFP recycling and enhance lithium supply chain resilience, co-led by Shift4Good and SGInnovate.
Amount Raised
$7.6 Million
Round Type
Venture
SingaporeSustainabilitySoftwareConsumer ElectronicsInvestors
Description
NEU Battery Materials announced the close of its oversubscribed US$7.6 million funding round. The capital will support the ramp-up of producing battery-grade lithium from LFP feedstock and aid in international expansion. This funding round was co-led by Shift4Good and SGInnovate, with participation from new and existing investors. The company's Singapore factory marks a significant step towards industrial scale-up.
Fundz sees it the moment NEU Battery Materials raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
NEU Battery Materials 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.
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