Tech Company Financing Transactions
Battery Resourcers Funding Round
Orbia Ventures, At One Ventures and Doral invested in a $20 million Series B funding round for Battery Resourcers. The round was announced on 4/13/2021.
Transaction Overview
Company Name
Announced On
4/13/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds for the development of a commercial-scale processing facility with the annual capacity to process 10,000 tons of batteries -- or the batteries from approximately 20,000 electric vehicles (EVs) a year.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
54 Rockdale St.
Worcester, MA 01606
USA
Worcester, MA 01606
USA
Phone
Undisclosed
Website
Email Address
Overview
Battery Resourcers is a closed-loop cathode material supply chain solution. Battery Resourcers technology incorporates the best of Hydro Process Recycling and Direct Recycling. We are committed to changing the dynamics for processing end of life lithium-ion batteries.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael O'Kronley
Chief Financial Officer
Andrew Aberdale
Chief Operating Officer
Daniel Russell
Chief Scientific Officer
Yan Wang
Chief Technical Officer
Eric Gratz
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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