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Company	Lithion Recycling
Short Description	Provider of lithium-ion battery recycling services
Status	Private
Year Founded	2018
Industry Group	waste & recycling
Sector	waste management
TRL Range	7-8
Country	Canada
Nbr Employees	11-50
Revenue Range	Pre-revenue
Total Equity Capital Raised	$125M
Last Stage Capital Raised	Series A 2022
Investors	IMM Investment Co, Fondaction CSN, GM Ventures

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Provider of lithium-ion battery recycling services

Founded in 2018

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Company type Private Public ()

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Industry Group waste & recycling

Sector waste management

TRL Range 7-8

TRL 1	Basic research
TRL 2	Technology formulation
TRL 3	Applied research
TRL 4	Small scale prototype
TRL 5	Large scale prototype
TRL 6	Prototype system
TRL 7	Demonstration system
TRL 8	First of a kind commercial system
TRL 9	Full commercial application

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Headquarters Anjou, QC Anjou, Canada

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Updated by Jean-Christophe Lambert at Lithion Recycling on 12/22/2020

Edited by Cleantech Group on 09/27/2022

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Jean-Christophe Lambert

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2 financing events

3 investors

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12/19/2024	Nova Bus Nova Bus Lithion Technologies partnered with Nova Bus to collect, transport and recycle used batteries in Canada at its Saint-Bruno facility. View source Confirmed by Nova Bus	Development Partner	Delete

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09/22/2022	GM Ventures GM Ventures (1) Post-money valuation of GM Ventures, the automaker's investment arm, has made an undisclosed strategic investment in Lithion's Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion's advanced battery recycling technology. (source)	Series A		Delete

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	Lithium-ion battery materials	Product Development		$/kW (current) $/kW (projected) $/kWh (current) $/kWh (projected)	Delete

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Provider of lithium-ion battery recycling services

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