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.
Transforms used EV batteries into high-purity battery materials for reuse.
Platform for trading used EV batteries to support recycling efforts.
People of Altilium
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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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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.
| 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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Investments & Acquisitions by Altilium
Financial Statements - Altilium
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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Altilium
Altilium was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Altilium is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Kamran Mahdavi is the current CEO of Altilium. They have also founded this 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.
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.
Altilium's top competitors include Li Industries, Circunomics and POEN.
Altilium offers EcoCathode™ and recell.store.
Altilium has 4 investors. Key investors include Marubeni, Mizuho Financial Group, UK Research and Innovation, and SQM Lithium.