Princeton NuEnergy (Series A)
Funding Details
Awarder
Inbox
Date Award
November 6, 2023
Vertical
Clean Technology
Funding URL
View Funding Page
Funding Amount
$16,000,000
Company Info
Traction
Launched the first end-to-end production-scale lithium-ion battery direct recycling line in the U.S.
Founders
Dr. Chao Yan
Market
Lithium-ion battery recycling
Location
Bordentown, New Jersey, United States
Coinvestors
Greenland Technologies, GS Futures, Honda, Shell Technology Ventures, Traxys North America, Wistron Corp, WorldQuant Ventures
Company Description

Princeton NuEnergy (PNE) is a U.S.-based, innovative clean-tech company founded out of Princeton University, revolutionizing the critical materials supply chain with its patented direct recycling technology for lithium-ion batteries. PNE's patented low-temperature plasma-assisted separation process (LPAS™) produces battery-grade cathode and anode materials suitable for direct reintroduction into cell manufacturing.

Links
Website
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