# Green Graphite Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/green-graphite-technologies

- Industry: Energy Storage & Batteries
- Headquarters: Montreal, Canada
- Website: www.greengraphitetech.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Oct 3, 2023)
- Investors on record: 2

## About

Based in Quebec, Canada, and founded in 2021 by CEO Gillian Holcroft, Green Graphite Technologies Inc. is the producer of natural flake graphite and recycled graphite into lithium-ion battery-grade graphite for electric vehicles. In October 2023, Green Graphite Technologies Inc. raised CAD 2.1 million in seed funding, co-led by investors BDC Capital and Sustainable Chemistry Alliance.


The flagship product of Green Graphite Technologies is GraphPure, a purification process that sets new standards for purity, environmental responsibility, and operational flexibility in the graphite industry. This groundbreaking technology purifies graphite, irrespective of its size and shape, with tailored operating conditions for each source's specific impurity makeup. It also boasts reagent regeneration capabilities and is powered by renewable energy sources, ensuring a minimal carbon footprint. In addition to GraphPure, the company offers GraphRenew, which utilizes hydrometallurgical processes to recover valuable materials from spent LiBs efficiently. The technology not only retrieves critical metals like lithium, nickel, cobalt, and manganese but also purifies graphite, enabling its reintroduction into the battery supply chain. With its scalable and environmentally conscious approach, GraphRenew is set to reshape the LiB recycling landscape.

The company plans to use the October 2023 funding to support manpower expansion and technology development.

## Funding rounds

- Seed, Oct 3, 2023, $1.5M — BDC Capital, Sustainable Chemistry Alliance

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed
- Sustainable Chemistry Alliance — Seed