tozero operates a novel process for recovering critical raw materials, specifically lithium and graphite, from end-of-life lithium-ion batteries. The company achieves an 80% recovery rate at an industrial scale, reintroducing these valuable materials back into the supply chain. This technology supports sustainability goals by transforming battery waste into a reusable resource for eMobility and battery manufacturers.
Funding
$15.5M 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 volume of end-of-life lithium-ion batteries presents a significant environmental challenge, with over 250,000 tonnes of batteries reaching the end of their life annually in Europe, and a cumulative waste of over 1 million tonnes projected by 2030. Current disposal methods often fail to recover valuable materials, leading to resource depletion and potential environmental hazards.
Solution
Tozero provides a sustainable recycling process designed to recover critical materials from all types of lithium-ion batteries, transforming battery waste into valuable raw materials. The process focuses on extracting lithium, nickel, cobalt, manganese, and graphite, reintroducing these materials back into the supply chain. By recovering these materials, Tozero aims to reduce the environmental footprint of batteries and promote a circular economy.
Target Audience
Tozero's primary customers include e-mobility firms, electronic waste recyclers, battery manufacturers, and 2nd life battery firms seeking sustainable solutions for battery recycling and material recovery.
Features
- Proprietary recycling process for lithium-ion batteries.
- Recovery of lithium, nickel, cobalt, manganese, and graphite.
- Focus on transforming end-of-life batteries into valuable raw materials.
- Sustainable approach to reduce the environmental impact of battery waste.