Li Industries

Blacksburg, United States Founded: 2017 • Age: 9 yrs
Lithium-ion battery recycling
Annual revenue - Latest available
Total funding $49.3M 5 rounds
Employees 18 Tracked headcount
Investors 13 Known backers
Products 2 Services tracked
Competitors 6 Brand Intelligence

About Li Industries

Li Industries is a company based in Blacksburg (United States) founded in 2017. Li Industries has raised $49.29 million across 5 funding rounds from investors including Shell, Khosla Ventures and Anglo American. The company has 18 employees as of December 31, 2023. Li Industries offers products and services including Battery Materials Technology and Supply Chain Automation. Li Industries operates in a competitive market with competitors including Altilium, POEN, Circu Li-Ion, Novocycle and Energy Source, among others.

  • Headquarter Blacksburg, United States
  • Employees 18 as on 31 Dec, 2023
  • Sectors
    Energy & Utilities
    Environment
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Li Industries, Inc.
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $49.29 M (USD)

    in 5 rounds

  • Latest Funding Round
    $6 M (USD), Series B

    Jun 27, 2024

  • Investors
    Shell

    & 12 more

  • Employee Count
    18

    as on Dec 31, 2023

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Products & Services of Li Industries

Li Industries offers a comprehensive portfolio of products and services, including Battery Materials Technology and Supply Chain Automation.

Product name locked
Category locked
Primary

Produces low-cost, high-performance battery materials sustainably

Product name locked
Category locked
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Automates processes for efficient battery materials production

People of Li Industries

Headcount 10-50
Employee Profiles 16
Employee Profiles
People
Carl Smith
Chief Strategy Advisor
People
Xu Han
Co-founder and CFO
People
Dylan Petersen
Characterization Engineer
People
Bo Nie
Senior Research Scientist

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Funding Insights of Li Industries

Li Industries has successfully raised a total of $49.29M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in June 2024. 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 Li Industries

Li Industries has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Shell, Khosla Ventures and Anglo American.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital funding is provided by General Motors-backed firm.
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Investments in B2B sectors are made by DNX Ventures.
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TechEnergy Ventures is focused on accelerating the energy transition through investments.
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Investor details for Li Industries

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Li Industries

Investments
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Investment portfolio details for Li Industries

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Li Industries

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Detailed financials for Li Industries

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  • Profit trends
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Li Industries Comparisons

Li Industries Primary company
Description
Lithium-ion battery recycling
Location
Blacksburg, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
18
As of 2023
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Peer comparison for Li Industries

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Competitors of Li Industries

Li Industries 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 Altilium, POEN, Circu Li-Ion, Novocycle and Energy Source, among others.

Company Name Domain Founded year HQ Location Description
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Recycled EV battery materials are developed for automotive applications.
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Batteries are manufactured through reuse of discarded and used materials.
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Provider of the upcycling process to extract and diagnose lithiumion battery cells
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Battery recycling technologies are developed for lithium-ion energy storage.
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Recycling solution for discarded batteries
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Detailed competitors of Li Industries

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Latest news on Li Industries

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Complete news archive for Li Industries

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Li Industries

Li Industries was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Li Industries is headquartered in Blacksburg, United States. It is registered at Blacksburg, Virginia, United States.

Li Industries is a funded company, having raised a total of $49.29M across 5 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Li Industries is 18.

Founded in 2017, Li Industries is based in Blacksburg, United States, and focuses on the lithium-ion battery recycling sector. Spent batteries are processed through a direct method where components such as metals and materials are isolated. These are regenerated into commercial-grade forms suitable for reuse in manufacturing new batteries, supporting sustainable resource recovery.

Li Industries's top competitors include Altilium, POEN and Novocycle.

Li Industries offers Battery Materials Technology and Supply Chain Automation.

Li Industries has 13 investors. Key investors include Shell, Khosla Ventures, Anglo American, GM Ventures, and DNX Ventures.

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