Lithium-ion battery recycling and manufacturing startup raises $20 million from global industry leaders
Battery Resources, a vertically integrated lithium-ion battery recycling, and manufacturing company, recently completed a $20 million Series B equity round.
The financing will support the development of a commercial-scale processing facility with the annual capacity to process 10,000 tons of batteries — or the batteries from approximately 20,000 electric vehicles (EVs) a year.
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