Princeton NuEnergy

Energy Storage & BatteriesSeries ABordentown, USpnecycle.com

Latest round

Series A

Last raised

Jun 2024

Total raised

$87M

Investors

15

About Princeton NuEnergy

Established in 2019 and based in New Jersey, US, Princeton NuEnergy Inc. operates as a clean-tech company that provides recycling of lithium-ion batteries from electric vehicles, consumer electronics, energy storage batteries, and manufacturing scrap. In November 2023, Princeton NuEnergy Inc., GS Futures, Traxys North America, Greenland Technologies, Shell Ventures, and WorldQuant Ventures. The company has developed a low-temperature plasma-assisted separation process (LPAS™), a patented technology for lithium-ion battery recycling. Princeton NuEnergy offers a wide range of services, including closed-loop lithium-ion battery recycling, service and technology licensing, total solution as a service, and second-life battery use. In addition, the firm produces cathode and anode materials by recovering and regenerating battery batteries from aged lithium-ion batteries.

Who invested in Princeton NuEnergy

15 investors across 5 rounds

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Funding rounds

  1. Series A

    Jun 17, 2024

    Amount

    $30M

    Investors

    Locked

  2. Series A

    May 13, 2024

    Amount

    $10M

    Investors

    Locked

  3. Series A

    Nov 6, 2023

    Amount

    $16M

    Investors

    Locked

  4. Series A

    Oct 26, 2023

    Amount

    $24M

    Investors

    Locked

  5. Seed

    Dec 1, 2021

    Amount

    $7M

    Investors

    Locked

Questions about Princeton NuEnergy

Who invested in Princeton NuEnergy?

Princeton NuEnergy has 15 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Princeton NuEnergy raised?

Princeton NuEnergy has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Princeton NuEnergy last raise money?

Princeton NuEnergy's most recent round on record is a Series A, in Jun 2024.

What does Princeton NuEnergy do?

Established in 2019 and based in New Jersey, US, Princeton NuEnergy Inc.

Where is Princeton NuEnergy headquartered?

Princeton NuEnergy is headquartered in Bordentown, US.

Which VCs invest in companies like Princeton NuEnergy?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at Princeton NuEnergy's stage. Their profiles are linked below.

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