Tech Company Financing Transactions
NEU Battery Materials Funding Round
SGInnovate, Shift4Good and M7 Holdings participated in a $7.6 million capital raise for NEU Battery Materials. The round closed on 10/13/2026.
Transaction Overview
Company Name
Announced On
10/13/2026
Transaction Type
Venture Equity
Amount
$7,600,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to ramp up production of battery-grade lithium from LFP feedstock, such as cathode production scraps and end-of-life black mass, and to support its international expansion.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
21 Bukit Batok Crescent WCEGA Tower 10-75
Singapore, 658065
SG
Singapore, 658065
SG
Phone
Undisclosed
Website
Email Address
Overview
We are a Singapore start up, founded in 2021 with the goal of creating a sustainable future for the world. Given the rising demand for Electric Vehicles (EVs) and lithium-ion batteries, we feel that there is a need to address the unsustainable recycling processes of lithium-ion batteries. This led to the start of NEU's journey in the clean energy industry. Our intention is to scale our modular technology, catering to incoming lithium battery demands.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bryan Oh
Chief Technical Officer
Kenneth Palmer
Co-Founder
Wang Qing
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