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
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Sectors
Energy & UtilitiesEnvironment
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Phone
*********
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Website
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Social
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- Legal Name Li Industries, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$49.29 M (USD)
in 5 rounds
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Latest Funding Round
$6 M (USD), Series B
Jun 27, 2024
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Investors
Shell
& 12 more
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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.
Produces low-cost, high-performance battery materials sustainably
Automates processes for efficient battery materials production
People of Li Industries
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $6.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2024 | Amount | Series B - Li Industries | Valuation | GM Ventures , DNX Ventures |
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| May, 2024 | Amount | Series B - Li Industries | Valuation | Robert Bosch Venture Capital , Khosla Ventures | |
| Aug, 2022 | Amount | Series A - Li Industries | Valuation | Khosla Ventures |
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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital funding is provided by General Motors-backed firm.
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Founded Year | Domain | Location | |
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Investments in B2B sectors are made by DNX Ventures.
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Founded Year | Domain | Location | |
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TechEnergy Ventures is focused on accelerating the energy transition through investments.
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Founded Year | Domain | Location |
Investments & Acquisitions by Li Industries
Financial Statements - Li Industries
Li Industries Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Recycled EV battery materials are developed for automotive applications.
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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 |
Provider of the upcycling process to extract and diagnose lithiumion battery cells
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| domain | founded_year | HQ Location |
Battery recycling technologies are developed for lithium-ion energy storage.
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| domain | founded_year | HQ Location |
Recycling solution for discarded batteries
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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. The company's 1st funding round was a Series A of $7M, raised on Jun 01, 2018.
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 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.