Startup Backed by EQT Founder Buys Northvolt Recycling Assets
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5 Articles
Refinyx Acquires Northvolt Technology, Secures Major U.S. Customer
STOCKHOLM, Sept 25 –Refinyx, a global critical materials recovery technology company, today announced its launch from stealth with backing from Swedish investment company Qarlbo Energy and its first major U.S. customer signed. Founded and led by [...]
Four former managers from Northvolt's recycling division have purchased part of Lyten's operations in Västerås.
The startup company Refinyx, founded by former Northvolt executives, is buying parts of the bankruptcy estate, Bloomberg reports. Refinyx has bought recycling technology from Lyten, the American company that took over the bankrupt battery factory Northvolt. According to Bloomberg, the newly started company has bought a portfolio of 134 patents and a facility in Västerås. The purchase is financed by the company Qarlbo, led by EQT founder Conni Jo…
The newly started company Refinyx, founded by former employees of Northvolt, has bought the bankrupt battery company's recycling facility in Västerås. The deal is financed by EQT founder Conni Jonsson's company Qarlbo, writes Bloomberg.
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