Press Release: Seed Funding | tozero

Last Update: 12.11.2022 . Munich, 12 November 2024: tozero – Europe’s pioneer in …

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Munich-based Tozero Raises €11 Million To Expand Recycled Lithium ...

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Nov 12, 2024 · tozero, a Munich-based battery recycling startup, has raised €11 million in an …

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Tozero Lands €11 Million To Extract Lithium And Other Critical ...

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Nov 13, 2024 · Tozero has raised €17 million ($18 million) since 2022. Localizing lithium. …

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Tozero Secures €11M For First Of Its Kind Lithium Recycling Plant

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Nov 12, 2024 · The fresh capital will be used to build tozero’s first industrial deployment plant …

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Tozero Secures €11M To Expand Lithium Recycling

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Nov 12, 2024 · tozero aims to scale recycled lithium production and expand its team. The …

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Battery Recycling Startup Tozero Bags €11M To Boost Europe’s …

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Nov 12, 2024 · Lithium-ion production is set to almost quadruple by 2030. Meanwhile, …

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Tozero Raises €11M In Seed Funding To Ramp Up Recycled Lithium ...

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tozero, a European startup in the sustainable lithium-ion battery recycling space, has raised …

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As Demand For Lithium Explodes, Battery Recycling Startup Tozero ...

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The startup just closed an oversubscribed €11 million seed round (around $11.7M) to step up …

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FAQs about Press Release: Seed Funding | tozero Coupon?

What is tozero's strategic contribution to lithium supply?

Strategic Contribution to Lithium Supply: By offering locally sourced recycled lithium, tozero is easing the critical raw material supply challenges in Europe, planning to scale up production to hundreds of tonnes by 2026. tozero’s cutting-edge hydrometallurgy process maximizes the recovery of valuable materials such as lithium and graphite. ...

How many tonnes of recycled lithium will tozero produce by 2026?

With commercial deliveries underway, tozero anticipates producing hundreds of tonnes of recycled lithium by 2026. "We are proud to lead the way in sustainable practices that empower the circular economy," concludes Dr. Ksenija Milicevic Neumann. ...

Does tozero offer a secondary lithium product?

First European customers to receive local secondary lithium: tozero has started delivering recycled lithium to its first commercial customers, marking a significant stride in secondary material production. ...

Does tozero recycle lithium ion batteries?

Novel Lithium-Ion Battery Recycling Technology: tozero’s proprietary hydrometallurgical technology efficiently recovers high-purity lithium and graphite, exceeding European Commission’s recycling targets well above 80% recovery rate today already, significantly higher than traditional recycling methods. ...

How much money has tozero raised?

The startup’s €3.5 million pre-seed round, closed around two years ago, was led by Berlin-based Atlantic Labs. To date, Tozero has raised €17 million, which includes a €2.5 million grant from the EU’s R&D support arm, the European Innovation Council. ...

Is tozero a sustainable alternative to Virgin lithium sourcing?

"The enthusiastic reception from our customers underscores the market's readiness for sustainable and urban mined secondary materials made in Europe," adds Dr. Ksenija Milicevic Neumann, co-founder and CTO. tozero's innovative approach not only addresses supply chain concerns but also offers a sustainable alternative to virgin lithium sourcing. ...