Zinc leads a pre-seed investment in CellMine, a battery recycling start-up, to scale innovative technology for recycling lithium-ion batteries sustainably.

Target Information

Zinc is pleased to lead a pre-seed investment round in CellMine, a groundbreaking battery recycling start-up emerging from the prestigious Edinburgh-based innovation hub, Impact Solutions. The company is spearheaded by CEO Simon Rathbone and Technical Director Adam Taylor, who have pioneered an innovative process for recycling lithium-ion batteries—widely used in smartphones, laptops, and electric vehicles—in an efficient, scalable, and eco-friendly manner.

CellMine aims to tackle the rising issue of battery waste that threatens to fill landfills and diminish the industry's dependence on mined metals. This funding will facilitate the scaling of their validated technology, which converts diverse waste battery feedstocks into clean chemical products primed for reintegration into the supply chain.

Industry Overview in the UK

The increasing demand for electric vehicles is leading to a concerning accumulation of spent lithium-ion batteries. It is estimated that China generated 500,000

View Source

Similar Deals

Wireframe Cocoon

2024

Pre-Seed Stage Cement & Concrete Manufacturing United Kingdom
Oyster Bay Venture Capital Arda Biomaterials

2023

Pre-Seed Stage Specialty Mining & Metals (NEC) United Kingdom
Bristol Private Equity Club Kelpi

2023

Pre-Seed Stage Forest & Wood Products (NEC) United Kingdom
Wireframe Ventures, Celsius Industries, Gigascale Capital, SOSV Cocoon

2023

Pre-Seed Stage Cement & Concrete Manufacturing United Kingdom
Early Game Ventures PlaySafe ID

2025

Pre-Seed Stage Financial Technology (Fintech) (NEC) United Kingdom

Zinc

invested in

CellMine

in 2024

in a Pre-Seed Stage deal

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert