Amount Raised
$3.7 Million
Round Type
Seed
SingaporeSustainabilitySoftwareConsumer ElectronicsInvestors
Description
NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, has raised a total of US$3.7M in an oversubscribed Seed Funding Round led by SGInnovate, a Singapore government-backed Deep Tech investor and ecosystem builder. The round was also joined by ComfortDelGro Ventures, Shift4Good, Paragon Ventures I, and other angel investors.
Quick answer
NEU Battery Materials raised $3.7 Million in a Seed round, dated July 5, 2023. Investors: Paragon Ventures I, Shift4 Good, Comfort Del Gro Ventures and SG Innovate. NEU Battery Materials is based in Singapore.
- How much did NEU Battery Materials raise?
- NEU Battery Materials raised $3.7 Million in a Seed round on July 5, 2023.
- Who invested in NEU Battery Materials?
- Paragon Ventures I, Shift4 Good, Comfort Del Gro Ventures and SG Innovate are named as investors in this round.
- What does NEU Battery Materials do?
- Lithium battery recycling is costly, inflexible and inefficient.
- Where is NEU Battery Materials based and how big is it?
- NEU Battery Materials is based in Singapore. Fundz records about 19 employees.
- Who are the decision-makers at NEU Battery Materials?
- Fundz holds 1 contact at NEU Battery Materials. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sustainability and Consumer Electronics around the same time
Companies in the same sectors as NEU Battery Materials that raised within 45 days of this round, from Fundz verified event records.
- Persefoni AI raised $53M on August 18, 2023.
- Rondo Energy raised $60M (Funding Round) on August 16, 2023.
- Deepset raised $30M (Funding Round) on August 9, 2023.
- TGS raised $3.2M (Seed) on August 8, 2023.
- Divirod raised $3.6M (Seed) on August 3, 2023.
- Aito raised $6.5M (Funding Round) on July 5, 2023.
Who to call at NEU Battery Materials, and when
A new round usually means NEU Battery Materials is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day NEU Battery Materials raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NEU Battery Materials, from your own LinkedIn network
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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.
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