Luxembourg’s R3 Robotics raises €20m to recycle critical raw materials from EVs

Luxembourg’s R3 Robotics raises €20m to recycle critical raw materials from EVs

Luxembourg’s R3 Robotics has raised €20m to scale its disassembly of electric vehicles and recycling of their components.

R3 Robotics secures €20 million to scale automated disassembly of electric vehicle systems

R3 Robotics (formerly Circu Li-ion) has announced €20 million in combined financing to industrialize automated disassembly of electric vehicle systems at scale. The company has raised €14 million in Series A funding, co-led by HG Ventures and Suma Capital, with participation from Oetker Collection KG, the European Innovation Council Fund (EIC Fund), and existing shareholders […]

Luxembourg battery recycler rebrands after big funding boost

Circu Li-ion has confirmed €20 million in new funding, while also unveiling a new name and changed focus