# Tozero

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tozero

- Industry: Environmental Services
- Headquarters: Munich, Germany
- Website: www.tozero.solutions
- Total disclosed funding: $15M
- Latest round: Seed (Jul 25, 2024)
- Investors on record: 8

## About

Based in Munich, Germany, and founded in 2022 by its CEO Sarah Fleischer and co-founder Dr. Ksenija Milicevic Neumann, Tozero GmbH is engaged in the process to recover critical materials such as lithium, nickel, and cobalt from lithium-ion batteries. In November 2024, Tozero GmbH raised an undisclosed amount in venture funding from Global Brain.

Tozero GmbH recycles lithium-ion batteries to recover and reuse critical materials such as lithium, nickel, cobalt, manganese, and graphite that can be used for things like electrifying mobility vehicles, machines, drones, or power banks.

The company plans to use the November 2024 funding to expand its business into the Japanese market.

## Funding rounds

- Seed, Jul 25, 2024, $12M — In-Q-Tel, Atlantic Labs, NordicNinja VC, JGC Holdings, Honda Motor, GAP Technology Holding, Verve Ventures, Possible Ventures
- Seed, Sep 7, 2022, $3.5M — Atlantic Labs, Possible Ventures

## Investors

- Atlantic Labs (https://capitalatlas.ai/funds/atlantic-labs) — Seed
- Possible Ventures — Seed
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Seed
- NordicNinja VC (https://capitalatlas.ai/funds/nordicninja-vc) — Seed
- JGC Holdings — Seed
- Honda Motor — Seed
- GAP Technology Holding (https://capitalatlas.ai/funds/gap-technology-holding) — Seed
- Verve Ventures (https://capitalatlas.ai/funds/verve-ventures) — Seed