Company

NEU Battery Materials Pte. Ltd.

NEU Battery Materials recycles lithium-ion batteries and produces battery raw materials.

About

Founded in 2021 and based in Singapore, NEU Battery Materials develops battery recycling solutions, including electrochemical methods for recovering lithium from electric vehicle batteries. The company was co-founded by Bryan Oh, Kenneth Palmer and Wang Qing. In June 2023, it raised USD 3.73 million in seed funding led by SGInnovate, with Paragon Ventures, ComfortDelGro Capital Partners, Se-cure Waste Management Pte. Ltd., Momentum Venture Capital and Shift4Good participating.

1Funding rounds

2Investors

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