Librec develops closed-loop recycling technology specifically for large lithium-ion batteries used in e-mobility, utilizing advanced separation and recovery processes to reclaim valuable materials. This approach addresses the environmental impact of battery waste and reduces the reliance on raw material extraction.
Funding
$3.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The increasing demand for e-mobility solutions leads to a growing volume of end-of-life lithium-ion batteries, posing significant environmental challenges due to the depletion of raw materials and the potential for hazardous waste. Traditional recycling methods often have low recovery rates and high energy consumption, failing to fully address the need for sustainable battery management.
Solution
Librec provides closed-loop recycling technology designed specifically for large lithium-ion batteries used in e-mobility, enabling the recovery of valuable materials and reducing reliance on raw material extraction. Their process achieves high recovery rates while minimizing the carbon footprint through energy-efficient methods and renewable energy sources. Librec's flexible business model offers both material purchasing and toll processing, catering to diverse client needs. The company handles 100% of Li-ion battery waste, including cells, modules, and packs of all chemistries.
Target Audience
Librec's primary customers are automotive manufacturers, electric vehicle fleet operators, and battery manufacturers seeking sustainable and efficient end-of-life battery management solutions.
Features
- Achieves a recovery rate of >97% for valuable battery materials.
- Employs energy-efficient processes, consuming < 250 kWh/ton.
- Operates using 100% renewable energy.
- Processes 100% of Li-ion battery waste, including cells, modules, and packs of all chemistries.
- Has a processing capacity of 12,000 tons per year.
- Maintains a low CO₂ footprint of 25 kg/ton of processed battery material.