# Altilium

**Source:** https://www.startuphub.ai/startups/altilium
**Profile type:** Startup

> Green processing of battery waste.

## About

Altilium is a leader in the green processing of battery waste, focusing on developing and scaling technologies for the sustainable recycling of lithium-ion batteries. The company aims to create a circular economy for battery materials, reducing reliance on virgin resources and mitigating environmental impact. Altilium is expanding its UK-based facilities, including the ACT3 facility in Plymouth and a planned commercial-scale plant in Teesside, supported by significant government grants and strategic investment rounds.

## Key facts

- **Slug:** altilium
- **Website:** https://www.altiliumgroup.com/
- **Location:** Plymouth, England, United Kingdom
- **Founded:** 2019-01-01 00:00:00
- **Operating status:** Active
- **Total funding:** $39M
- **Sectors / tags:** Battery Recycling, Electric Vehicles, Sustainability, Cleantech, Circular Economy, Battery Technology, Energy Storage, EV Charging, Waste Management, Advanced Manufacturing, Materials Science, Climate Tech, Resource Recovery
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/altilium-group/
  - Twitter: https://twitter.com/AltiliumGroup

## Frequently asked

### What does Altilium do?

Altilium is a leader in the green processing of battery waste, focusing on developing and scaling technologies for the sustainable recycling of lithium-ion batteries. The company aims to create a circular economy for battery materials, reducing reliance on virgin resources and mitigating environmental impact. Altilium is expanding its UK-based facilities, including the ACT3 facility in Plymouth and a planned commercial-scale plant in Teesside, supported by significant government grants and strat…

### What is Altilium's valuation?

StartupHub estimates Altilium's effective valuation at $1.1B (range $736.9M to $1.4B, 39% confidence), based on comparable companies in the sector.

### How much funding has Altilium raised?

Altilium has raised a total of $39M in funding. The most recent round on record is Grant.

### Where is Altilium headquartered?

Altilium is headquartered in Plymouth, England, United Kingdom.

### When was Altilium founded?

Altilium was founded in 2019.

### What industry does Altilium operate in?

Altilium operates in Battery Recycling, Electric Vehicles, Sustainability, Cleantech, Circular Economy, Battery Technology.

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