About ElementRe Technologies
ElementRe Technologies is a company based in Gurugram (India) founded in 2023 by Puja Jain and Sunil Raghav. ElementRe Technologies has raised $1.45 million across 1 funding round from investors including Angel List, Accel and Apex Group. ElementRe Technologies offers products and services including Battery Recycling Service, Repurposing Service, and Material Production. ElementRe Technologies operates in a competitive market with competitors including Lohum, Redwood Materials, Ascend Elements, Li Industries and ACE Green Recycling, among others.
- Headquarter Gurugram, India
- Founders Puja Jain, Sunil Raghav
- Stage Minicorn
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Sectors
Environment
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Email
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Phone
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Website
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- Legal Name Elementre Technologies Private Limited
- Date of Incorporation 17 May, 2023
- Jurisdiction Arjun Nagar, Haryana, India
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Annual Revenue
$58.1 K (USD)0as on Mar 31, 2024
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Net Profit
-$11.4 K (USD)0as on Mar 31, 2024
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EBITDA
-$9.57 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$1.45 M (USD)
in 1 rounds
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Latest Funding Round
$1.45 M (USD), Seed
Aug 11, 2023
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Investors
Angel List
& 14 more
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Employee Count
Not available
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Products & Services of ElementRe Technologies
ElementRe Technologies offers a comprehensive portfolio of products and services, including Battery Recycling Service, Repurposing Service, and Material Production.
Processes end-of-life batteries to extract materials for reuse
Repurposes old batteries for secondary applications like energy storage
Produces battery-grade materials from recycled sources
Funding Insights of ElementRe Technologies
ElementRe Technologies has successfully raised a total of $1.45M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.45 million completed in August 2023. 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.
Investors in ElementRe Technologies
ElementRe Technologies has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Accel and Apex Group.
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Sector-agnostic VC investment company investing globally
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Accel is recognized as a leading venture capital firm.
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Investor details for ElementRe Technologies
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Investments & Acquisitions by ElementRe Technologies
Investment portfolio details for ElementRe Technologies
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Financial Statements - ElementRe Technologies
Detailed financials for ElementRe Technologies
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Elementre Technologies Comparisons
Peer comparison for ElementRe Technologies
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Competitors of ElementRe Technologies
ElementRe Technologies 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 Lohum, Redwood Materials, Ascend Elements, Li Industries and ACE Green Recycling, among others.
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Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining
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Used battery packs are repurposed for modular energy storage systems.
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Lithium-ion battery materials are manufactured from reclaimed battery elements.
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Lithium-ion battery recycling
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Sustainable technologies for lithium and lead battery recycling are provided.
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End-to-end lithium-ion battery recycling services are provided.
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Detailed competitors of ElementRe Technologies
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Latest news on Elementre Technologies
Complete news archive for ElementRe Technologies
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Frequently Asked Questions about ElementRe Technologies
ElementRe Technologies was founded in 2023.
ElementRe Technologies is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Puja Jain is the current CEO of ElementRe Technologies. They have also founded this company.
ElementRe Technologies is a funded company, having raised a total of $1.45M across 1 funding round to date.
Annual revenue of ElementRe Technologies is $58.1K as on Mar 31, 2024.
Provider of end-to-end lithium-ion battery recycling solutions. This includes collection of used batteries from various sources, repurposing for secondary applications like energy storage, and recycling to produce battery-grade materials such as lithium, cobalt, nickel, and manganese. The company offers recycling support to businesses dealing with end-of-life batteries and battery scrap, helping them meet compliance requirements. They also supply certified recycled materials to businesses needing battery-grade chemicals. A proprietary refining process and modular plant design allows for efficient and scalable operations.
ElementRe Technologies's top competitors include Lohum, Redwood Materials and Ascend Elements.
ElementRe Technologies offers Battery Recycling Service, Repurposing Service, and Material Production.
ElementRe Technologies has 15 investors. Key investors include Angel List, Accel, Apex Group, Stellaris Venture Partners, and Indus Capital Partners.
The valuation of ElementRe Technologies is $9.68M as of Aug 2023.