About Altilium
Altilium is a company based in London (United Kingdom) founded in 2020 by Christian Marston and Kamran Mahdavi.. Altilium has raised $41.5 million across 7 funding rounds from investors including Marubeni, Mizuho Financial Group and UK Research and Innovation. Altilium offers products and services including EcoCathode™ and recell.store. Altilium operates in a competitive market with competitors including Li Industries, Circunomics, POEN, Spiers New Technologies and PowerTech Water, among others.
- Headquarter London, United Kingdom
- Founders Christian Marston, Kamran Mahdavi
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Sectors
Transportation, Automotive & LogisticsEnvironment
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Email
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Phone
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Website
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Social
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- Legal Name Altilium Metals Ltd
- Date of Incorporation 07 Sep, 2020
- Jurisdiction PLYMOUTH, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.5 M (USD)
in 7 rounds
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Latest Funding Round
$2.5 M (USD), Series B
Mar 04, 2025
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Investors
Marubeni
& 3 more
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Employee Count
Employee Count
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Products & Services of Altilium
Altilium offers a comprehensive portfolio of products and services, including EcoCathode™ and recell.store. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Transforms used EV batteries into high-purity battery materials for reuse.
Platform for trading used EV batteries to support recycling efforts.
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Funding Insights of Altilium
Altilium has successfully raised a total of $41.5M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $2.5 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $2.5M
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First Round
First Round
(06 Feb 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2025 | Amount | Series B - Altilium | Valuation |
investors |
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| Jan, 2025 | Amount | Series B - Altilium | Valuation |
investors |
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| Jun, 2024 | Amount | Series A - Altilium | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Altilium
Altilium has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Marubeni, Mizuho Financial Group and UK Research and Innovation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Financial and strategic services are provided to businesses and institutions.
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Integrated trading and investment services are provided across diverse industries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Altilium
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Altilium
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Altilium Comparisons
Competitors of Altilium
Altilium operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Li Industries, Circunomics, POEN, Spiers New Technologies and PowerTech Water, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lithium-ion battery recycling
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| domain | founded_year | HQ Location |
Waste management services for electric vehicle batteries are provided.
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| domain | founded_year | HQ Location |
Batteries are manufactured through reuse of discarded and used materials.
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| domain | founded_year | HQ Location |
Advanced battery packs for electric vehicles are repaired and repurposed.
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| domain | founded_year | HQ Location |
Provider of technology solutions for wastewater treatment
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Altilium
Frequently Asked Questions about Altilium
When was Altilium founded?
Altilium was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Altilium located?
Altilium is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Altilium?
Kamran Mahdavi is the current CEO of Altilium. They have also founded this company.
Is Altilium a funded company?
Altilium is a funded company, having raised a total of $41.5M across 7 funding rounds to date. The company's 1st funding round was a Series A of $21M, raised on Feb 06, 2023.
What does Altilium do?
Altilium was founded in 2020 in London, United Kingdom, within the automotive sector. Critical minerals are recovered from used EV batteries and gigafactory scrap through a proprietary recycling process. These materials are transformed into high-purity forms for battery production, supporting a closed-loop system. Operations aim to decrease mining dependency and carbon emissions, with materials provided to meet automakers requirements in a circular economy framework.
Who are the top competitors of Altilium?
Altilium's top competitors include Li Industries, Circunomics and POEN.
What products or services does Altilium offer?
Altilium offers EcoCathode™ and recell.store.
Who are Altilium's investors?
Altilium has 4 investors. Key investors include Marubeni, Mizuho Financial Group, UK Research and Innovation, and SQM Lithium.