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Singapore startup opens plant to recover lithium from EV batteries, raises US$7.6 million
The oversubscribed round will fund plant operations, technology development and overseas expansion as NEU tests a process to recover lithium from EV battery waste.
Summary by Channel News Asia
8 Articles
8 Articles
Charleston Gazette-Mail+6 Reposted by 6 other sources
NEU Battery Materials closes oversubscribed US$7.6 million funding round to scale LFP recycling and strengthen lithium supply chain resilience
SINGAPORE, Oct. 12, 2026 /PRNewswire/ -- NEU Battery Materials, a Singapore-based material security company focused on recycling lithium iron phosphate (LFP) batteries, announced the oversubscribed close of its US$7.6 million funding round co-led by Shift4Good, a global venture capital platform…
·Charleston, United States
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Coverage Details
Total News Sources8
Leaning Left1Leaning Right0Center6Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
14%
C 86%
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