Tech Company Financing Transactions

Lohum Funding Round

On 3/11/2024, Lohum announced $14.5 million in Series B funding from Singularity Growth Opportunity Fund, Baring Private Equity Asia and private investors.

Transaction Overview

Company Name
Announced On
3/11/2024
Transaction Type
Venture Equity
Amount
$14,500,000
Round
Series B
Proceeds Purpose
Lohum will use these proceeds for the capital expenditures, marketing, and general corporate purposes of the company as per the business plan approved by the board, the company said in the filing.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Site, 5, Kasna, Block A, Surajpur Site V G98
Greater Noida, Uttar Pradesh, 201306
India
Email Address
Overview
To become the world's largest producer of sustainable Li-ion battery raw materials through recycling, repurposing, and low-carbon refining. That's how LOHUM was founded in 2018, as the only integrated lithium-ion battery manufacturer and recycler to lower costs of electrification both economically and environmentally.
Profile
Lohum LinkedIn Company Profile
Social Media
Lohum Company Twitter Account
Company News
Lohum News
Facebook
Lohum on Facebook
YouTube
Lohum on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rajat Verma
  Rajat Verma LinkedIn Profile  Rajat Verma Twitter Account  Rajat Verma News  Rajat Verma on Facebook
Chief Operating Officer
Justin Lemmon
  Justin Lemmon LinkedIn Profile  Justin Lemmon Twitter Account  Justin Lemmon News  Justin Lemmon on Facebook
VP - R & D
Gazanfar Safvi
  Gazanfar Safvi LinkedIn Profile  Gazanfar Safvi Twitter Account  Gazanfar Safvi News  Gazanfar Safvi on Facebook


 

 

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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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