Novocycle Technologies

United States
Whitewater, Wisconsin, United States, 19901

Company profile

Novocycle Technologies company profile

Novocycle Technologies is bringing true circularity to the growing battery market. With its innovative and patented NovoRec Process, Novocycle is recycling Lithium-Ion Batteries without shredding or crushing them, avoiding the production of black mass and directly obtaining reusable active materials in battery grade. With an amazing recovery efficiency of 96% of the solid materials within the overall battery, Novocycle surpasses all upcoming targets of the EU Battery Regulations for recycling efficiency and recycled content in new batteries. All of this is realized in an economic feasible way, by decentralized micro facilities and a revenue sharing operation model for feedstock providers.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Founded
2021-01-01, Year

Headquarters

Postal code
19901
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
Seed
Funding rounds
4
Total equity funding
$4.4M
Last funding
Seed / $1.1M / 2024-04-16
Last equity funding
Seed / $1.1M
Investors
4
Lead investors
2
Founders
3
Articles
1

Founders and investors

Founders

Fatih BosnaTaha UluhanYusuf Percin

Lead investors

Diniz HoldingSABIC Ventures

Investors

APY VenturesCVenturesDiniz HoldingSABIC Ventures