Princeton NuEnergy (Series A)

Funding Details
Awarder
Inbox
Date Award
May 13, 2024
Vertical
Energy and Natural Resources
Funding URL
View Funding Page

Company Info
Organizations Involved
SCG Chemicals Public Company Limited, Tech Council Ventures LLC, LKQ Corporation
Founders
Dr. Chao Yan
Company Description
Princeton NuEnergy (PNE) is a leading clean-tech innovator specializing in lithium-ion battery direct recycling. Their flagship innovation is a low-temperature plasma-assisted separation process (LPAS™), a patented technology that significantly reduces costs, environmental waste, and carbon emissions commonly associated with lithium-ion battery recycling. PNE's direct recycling approach enables higher critical material recovery rates and superior material performance compared with traditional recycling methodologies.
Market
Alternative Energies
Location
Bordentown, NJ, US
Coinvestors
SCGC (a subsidiary of SCG Group), Tech Council Ventures, LKQ Corporation

Links
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