Li-Cycle is a lithium-ion battery resource recovery company that recycles batteries to create a closed-loop supply chain.
About
Li-Cycle aimed to recover critical battery-grade materials from end-of-life lithium-ion batteries and manufacturing scrap to create a domestic, closed-loop battery supply chain. The company developed proprietary 'Spoke & Hub Technologies' for this purpose. However, Li-Cycle faced significant financial challenges, leading to bankruptcy proceedings and the eventual sale of its assets.
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Frequently Asked Questions
What does Li-Cycle do?
Li-Cycle aimed to recover critical battery-grade materials from end-of-life lithium-ion batteries and manufacturing scrap to create a domestic, closed-loop battery supply chain. The company developed proprietary 'Spoke & Hub Technologies' for this purpose. However, Li-Cycle faced significant financial challenges, leading to bankruptcy proceedings and the eventual sale of its assets.
How much funding has Li-Cycle raised?
Li-Cycle has raised a total of $275M in funding. The most recent round on record is Post IPO.
Where is Li-Cycle headquartered?
Li-Cycle is headquartered in Toronto, Canada.
When was Li-Cycle founded?
Li-Cycle was founded in 2016.
What industry does Li-Cycle operate in?
Li-Cycle operates in Battery Recycling, Resource Recovery, Circular Economy, Clean Energy, Electric Vehicles, Lithium-ion Batteries.
What is Li-Cycle's current status?
Li-Cycle's current operating status is: Inactive.