L
Lithium Loop
announcedEV battery recycling and critical mineral recovery
Deal Size
$62M
Stage
Series B
Sector
Battery Recycling
Location
Reno, NV
Announced: March 18, 2026
Deal Overview
Lithium Loop has built a hydrometallurgical process that recovers 95%+ of lithium, cobalt, nickel, and manganese from end-of-life EV batteries. With EV adoption accelerating, the first wave of battery waste is hitting now—Lithium Loop is positioned to capture this massive incoming waste stream. Their process is 40% less energy-intensive than pyrometallurgical alternatives.
Key Highlights
- ✓95%+ recovery rate for Li, Co, Ni, Mn
- ✓40% less energy vs pyrometallurgical methods
- ✓Partnerships with 2 major EV OEMs
- ✓First commercial facility operational Q1 2026
Founders
- Dr. Kenji Nakamura
- Lisa Cheng
Investors
- WasteVC
- The Engine
- Prelude Ventures
Interested in Similar Deals?
WasteVC invests from Seed to Series B in waste management and circular economy startups.