# Green Li-ion Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/green-li-ion-pte

- Industry: Energy Storage & Batteries
- Headquarters: Singapore, Singapore
- Website: www.greenli-ion.com
- Total disclosed funding: $15M
- Latest round: Series A (Apr 26, 2022)
- Investors on record: 13

## About

Based in Singapore, Green Li-ion Pte Ltd. develops advanced recycling technology for lithium-ion batteries, focusing on sustainability and the circular economy by converting waste into valuable materials.Founded in 2020 in Singapore, Green Li-ion Pte Ltd. specializes in lithium-ion battery recycling. The company was founded by Leon Farrant, who has a history in the energy sector. Green Li-ion has successfully completed 5 deals, with the latest funding round occurring on May 6, 2025, where it raised USD 4.1 mn from Twin Towers Ventures. This amount is also the total raised to date.Green Li-ion specializes in advanced lithium-ion battery recycling technology, primarily focusing on its innovative GREEN HYDROREJUVENATION™ process. This proprietary technology enables the conversion of spent batteries into valuable materials such as GREENpCAM (precursor cathode active material), graphite, and technical-grade lithium carbonate (Li2CO3). By utilizing crushed and shredded black mass, the company effectively addresses the escalating issue of electronic waste, providing solutions aimed at fostering sustainable battery production. The end users of Green Li-ion's products span various sectors, including manufacturers of lithium-ion batteries and electric vehicles, particularly in regions such as North America, Europe, and parts of Asia where demand for recycled battery components is on the rise. By contributing to a circular economy, Green Li-ion's services support an environmentally conscious transition in battery manufacturing and waste management.Green Li-ion generated revenue of USD 215,000 in 2023, with an EBITDA of USD -1,962,247. The company generates revenue through partnerships and direct sales of its recycled materials to manufacturers in the battery production industry. The company engages primarily in B2B transactions, whereby clients, including battery manufacturers and electric vehicle producers, acquire the high-purity materials essential for their manufacturing processes. Transactions are structured around sales agreements, which outline the quantities and specifications of recycled materials such as GREENpCAM and lithium carbonate. By partnering with various stakeholders in the energy sector, Green Li-ion aims to establish a robust supply chain that facilitates the integration of recycled materials into existing manufacturing processes, reinforcing its commitment to sustainable practices and reducing reliance on virgin resources. Specific pricing models for their products depend on market conditions and contractual arrangements with clients.Green Li-ion plans to utilize the funding raised in May 2025 to scale up its novel battery rejuvenation technology to meet growing global demand. The company is also strategizing to expand into new markets, targeting regions in Asia and Europe by the end of 2026. Upcoming product developments are in the pipeline, with a focus on enhancing the efficiency and effectiveness of their recycling processes.

## Funding rounds

- Series A, Apr 26, 2022, $12M — Cleantech Group, SOSV, HAX, Entrepreneur First, TRIREC, EDP Ventures, Ilshin Holdings Pte. Ltd., GS Holdings, MB Energy Partners, Energy Revolution Ventures, Envisioning Partners
- Seed, Mar 9, 2021, $3.7M — SOSV, TES (Singapore) Pte. Ltd., HAX, Entrepreneur First, LiNiCo Corporation

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed, Series A
- TES (Singapore) Pte. Ltd. — Seed
- HAX — Seed, Series A
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed, Series A
- LiNiCo Corporation — Seed
- Cleantech Group — Series A
- TRIREC (https://capitalatlas.ai/funds/trirec) — Series A
- EDP Ventures (https://capitalatlas.ai/funds/edp-ventures) — Series A
- Ilshin Holdings Pte. Ltd. — Series A
- GS Holdings — Series A
- MB Energy Partners (https://capitalatlas.ai/funds/mb-energy-partners) — Series A
- Energy Revolution Ventures (https://capitalatlas.ai/funds/energy-revolution-ventures) — Series A
- Envisioning Partners (https://capitalatlas.ai/funds/envisioning-partners) — Series A