Tech Company Financing Transactions

Li Industries Funding Round

Li Industries, operating out of Blacksburg, secured $36 million from Bosch Ventures, Khosla Ventures and LG Technology Venture.

Transaction Overview

Company Name
Announced On
5/9/2024
Transaction Type
Venture Equity
Amount
$36,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to construct a 10,000 ton recycling facility powered by proprietary Direct Electrode-to-Electrode (Direct E2ETM) recycling technology.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
1872 Pratt Dr. 1500
Blacksburg, VA 24060
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Li Industries is an innovative cleantech company focused on developing next-generation lithium-ion battery recycling technologies to improve the sustainability of the overall lithium-ion battery lifecycle.
Profile
Li Industries LinkedIn Company Profile
Social Media
Li Industries Company Twitter Account
Company News
Li Industries News
Facebook
Li Industries on Facebook
YouTube
Li Industries on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Zheng Li
  Zheng Li LinkedIn Profile  Zheng Li Twitter Account  Zheng Li News  Zheng Li on Facebook
Chief Financial Officer
Xu Han
  Xu Han LinkedIn Profile  Xu Han Twitter Account  Xu Han News  Xu Han on Facebook
Chief Scientific Officer
Nolan Schmidt
  Nolan Schmidt LinkedIn Profile  Nolan Schmidt Twitter Account  Nolan Schmidt News  Nolan Schmidt on Facebook
Chief Technical Officer
David Young
  David Young LinkedIn Profile  David Young Twitter Account  David Young News  David Young on Facebook
VP - Engineering
Michael Ellis
  Michael Ellis LinkedIn Profile  Michael Ellis Twitter Account  Michael Ellis News  Michael Ellis on Facebook


 

 

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