Speciale Invest has invested in Metastable Materials during their seed round, supporting the innovative recycling of lithium-ion batteries to extract valuable metals while significantly reducing operational costs.
Information on the Target
Speciale Invest has made a strategic investment in Metastable Materials during their seed round. Metastable is a pioneering firm that focuses on recycling lithium-ion battery waste by treating it as raw ore to recover valuable metals. They utilize a novel process that significantly reduces both capital and operational expenses, positioning themselves as an innovative player in the battery recycling industry.
Metastable Materials adopts an unconventional approach to battery recycling, emphasizing metal extraction through principles similar to traditional mining. Their proprietary six-step process minimizes the use of heat and chemicals, yielding high recovery rates and producing non-toxic waste suitable for recycling.
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Industry Overview in India
The battery recycling industry in India is becoming increasingly critical due to the surge in electric vehicle (EV) adoption and the growing reliance on lithium-ion battery technology. As the demand for lithium-ion batteries escalates, so does the
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Speciale Invest
invested in
Metastable Materials
in 2022
in a Seed Stage deal
Disclosed details
Transaction Size: $0M