Green Li-ion
Company Summary
Green Li‑ion is transforming battery recycling with its modular, patent-protected technology. The company’s U.S. plant can process around 2 tonnes of spent lithium‑ion battery material daily and produce battery-grade precursor cathode active material (pCAM) within 12 hours—achieving over 95% recovery from waste feedstocks.
The Problem
Conventional lithium‑ion battery recycling is expensive, slow, and polluting. Most used batteries end up in landfills. This continues reliance on environmentally damaging mining, even as demand for battery materials rises with EV and energy storage adoption.
The Solution
Green Li-ion’s plug-and-play plants use a patent-backed process to directly transform black mass into battery-grade pCAM, graphite, and lithium carbonate—all onsite. The system operates quickly, offers high throughput, and enhances sustainability. It’s four times more profitable than current refining methods and supports circular, decarbonized battery supply chains.
Funding
In March 2023, Green Li-ion raised $20.5M in a Pre-Series B round led by Banpu NEXT and TRIREC, with participation from Equinor Ventures and SOSV. This brought the company’s total funding to just over $36M.
Founders
Leon Farrant
CEO
Leon graduated from Curtin University with a Master’s in Business. He scaled hundred-million-dollar energy companies to success across 4 continents, and sits on the board of a number of prominent energy startups.
Reza Katal
CTO
Reza has industry exposure to waste management and treatment, and a PhD from the Department of Civil and Environmental Engineering at the National University of Singapore. He has over 40 publications with 1050 citations, and is writing a book chapter on E-waste Management for ‘Circular Economy and Sustainability: Solid Waste Management’.