Kiilto Ventures has invested in Jälle Technologies, an Estonian startup focused on advanced lithium-ion battery recycling methods.

Target Company Overview

Jälle Technologies, a startup based in Estonia, is innovating in the realm of lithium-ion battery recycling. The company addresses the challenges related to recycling batteries that have reached the end of their life cycle, focusing on the recovery of critical raw materials and the conversion of graphite into graphene oxide. This innovative approach is essential as the number of lithium-ion batteries are expected to surge, primarily due to the rising popularity of electric vehicles and energy storage systems.

As the demand for local and scalable recycling solutions grows, Jälle Technologies aims to implement its efficient recycling processes with reduced energy consumption, setting a precedent in the technology used within the sector. The company's processes not only recover critical materials but also enhance the properties of recycled graphite, enabling its use in composites, coatings, and adhesives, thereby adding value across various industries.

Industry Overview in Estonia

The recycling industry, particularly for lithium-ion batteries, is increasingly crucial as Europe shifts towards sustainable energy solutions. By 2030, it is projected that the number of discarded lithium-ion batteries in Europe w