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e27 is Asia's largest Tech media platform. We cover the latest news on emerging and disruptive businesses across the region.

Private Capital Markets

Neu Battery Materials / Private Capital Markets

<ul><li>NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, has secured US$3.7 million in an oversubscribed seed funding round led by SGInnovate.</li><li>ComfortDelGro Ventures, Shift4Good, Paragon Ventures I, and other angel investors also joined.</li><li>These funds will accelerate the deployment of NEU Battery Materials’s automated recycling line, which will lower operational manpower requirements.</li></ul>

NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, has secured US$3.7 million in an oversubscribed seed funding round led by SGInnovate.ComfortDelGro Ventures, Shift4Good, Paragon Ventures I, and other angel investors also joined.These funds will accelerate the deployment of NEU Battery Materials’s automated recycling line, which will lower operational manpower requirements.

NEU Battery Materials Scores US$3.7M for Sustainable Recycling of Li-Ion Batteries

Singapore

Neu Battery Materials Pte. Ltd. manufactures automotive parts. The Company offers lithium ion battery technology solutions for electric vehicles as well as provides recycling and maintenance services. Neu Battery Materials serves customers in Singapore.

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Neu Battery Materials (2087335D SP)

NEU Battery Materials Scores US$3.7M for Sustainable Recycling of Li-Ion Batteries

NEU Battery has set up a 150-square-metre pilot recycling plant in Singapore, capable of processing ~150 tonnes of lithium batteries annually

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