Li-Cycle

Li-CycleLi-Cycle
Li-Cycle

Li-Cycle

Li-Cycle is a lithium-ion battery resource recovery company that recycles batteries to create a closed-loop supply chain.

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DR 572016InactiveToronto, Canada
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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.
Frequently asked

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.

What is Li-Cycle's valuation?

StartupHub estimates Li-Cycle's effective valuation at $1.1B (range $687.5M to $1.6B, 12% confidence), based on comparable companies in the sector.

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.

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