Electra Battery Materials

Canada
Toronto, Ontario, Canada

Company profile

Electra Battery Materials company profile

Electra is an ESG-focused battery materials company advancing the only fully integrated. The company is dedicated to building a fully integrated, sustainable supply chain for battery materials in North America, aiming to reduce reliance on foreign sources and support the growing demand for clean energy technologies. Electra's operations include the refining and recycling critical minerals like cobalt, nickel, and lithium, which are key components in the production of batteries. The company is particularly known for its work on developing a cobalt sulfate refinery, which is expected to be one of the first such facilities in North America. Electra Battery Materials aims to become a leading supplier of battery materials in the EV market by focusing on ethical sourcing and environmental sustainability.

Business identity

Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2017-01-01, Year

Headquarters

Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding stage
IPO
Funding rounds
12
Total equity funding
$81.2M
Last funding
Post IPO Equity / $34.5M / 2025-09-12
Last equity funding
Post IPO Equity / $34.5M
Investors
10
Lead investors
3
Founders
1
Articles
142
Exited on
2021-12-07

Founders and investors

Founders

Trent Mell

Lead investors

Government of CanadaNatural Resources CanadaU.S. Department of Defense

Investors

Government of CanadaMarty RendallNatural Resources CanadaTrent MellU.S. Department of Defense