Li-Cycle

Mississauga, Canada Founded: 2016 • Age: 10 yrs
Lithium-ion battery recycling technology is developed by Li-Cycle.
Annual revenue $28.0M Latest available
Total funding - 6 rounds
Employees 240 Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Li-Cycle

Li-Cycle is a company based in Mississauga (Canada) founded in 2016 by Tim Johnston and Ajay Kochhar. The company has 240 employees as of December 31, 2024. Li-Cycle offers products and services including Spoke & Hub Technologies, Battery Recycling Service, and Lithium Carbonate Production. Li-Cycle operates in a competitive market with competitors including Attero, Lohum, SiTration, Green Li-ion and Cylib, among others.

  • Headquarter Mississauga, Canada
  • Employees 240 as on 31 Dec, 2024
  • Founders Tim Johnston, Ajay Kochhar
  • Stage Public
  • Sectors
    Environment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Li-Cycle Holdings Corp.
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $28 M (USD)
    53.01
    as on Dec 31, 2024
  • Net Profit
    -$137.7 M (USD)
    0.22
    as on Dec 31, 2024
  • EBITDA
    -$98.1 M (USD)
    34.99
    as on Dec 31, 2024
  • Latest Funding Round
    $75 M (USD), Post-IPO

    Mar 19, 2024

  • Investors
    Glencore

    & 4 more

  • Employee Count
    240

    as on Dec 31, 2024

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

IPO & Listings of Li-Cycle

Li-Cycle is a publicly listed company on the OTC with ticker symbol LICYQ in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OTC · Ticker: LICYQ · Sector: Distribution services · USA

Products & Services of Li-Cycle

Li-Cycle offers a comprehensive portfolio of products and services, including Spoke & Hub Technologies, Battery Recycling Service, and Lithium Carbonate Production.

Product name locked
Category locked
Primary

Processes lithium-ion batteries to recover up to 95% of materials

Product name locked
Category locked
Locked

Handles end-of-life and defective batteries for material reuse

Product name locked
Category locked
Locked

Produces high-quality materials for battery supply chains

People of Li-Cycle

Headcount 50-200
Employee Profiles 26
Board Members and Advisors 5
Employee Profiles
People
Marcus Scholz
Commercial Operations Manager
People
Mike Robinette
VP Spoke Operations, Americas
People
Carl Deluca
General Counsel
People
Antoine Emanuel
Vice President Of Supply Chain

Unlock access to complete

Board Members and Advisors
people
Mark Wellings
Lead Director
people
Anthony Tse
Director
people
Jacqueline Dedo
Director
people
Scott Prochazka
Director

Unlock access to complete

Funding Insights of Li-Cycle

Investors in Li-Cycle

Li-Cycle has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Glencore, LG Chem and LG Energy Solution.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Support is provided for sustainable technology commercialization in Canada.
Locked Locked Locked
Metals and minerals are produced and supplied worldwide.
Locked Locked Locked
Manufacturer and supplier of automotive battery to OEMs
Locked Locked Locked
Premium access

Investor details for Li-Cycle

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Li-Cycle

Investments
Premium access

Investment portfolio details for Li-Cycle

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Li-Cycle

Premium access

Detailed financials for Li-Cycle

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Li-Cycle Comparisons

Li-Cycle Primary company
Description
Lithium-ion battery recycling technology is developed by Li-...
Location
Mississauga, Canada
Founded Year
2016
Annual Revenue
$28 M (USD)
Net Profit
-$137.7 M (USD)
EBITDA
-$98.1 M (USD)
Employees
240
As of 2024
Premium access

Peer comparison for Li-Cycle

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Li-Cycle

Li-Cycle 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 Attero, Lohum, SiTration, Green Li-ion and Cylib, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Tech-based solid waste management and recycling solutions are provided.
Locked Locked Locked
Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining
Locked Locked Locked
Battery recycling solutions are provided through ultra filtration technology.
Locked Locked Locked
Spent lithium-ion batteries are recycled into cathode and anode materials.
Locked Locked Locked
Valuable materials from batteries are recycled sustainably.
Premium access

Detailed competitors of Li-Cycle

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Li-Cycle

Premium access

Complete news archive for Li-Cycle

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Li-Cycle

Li-Cycle was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Li-Cycle is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.

Ajay Kochhar is the current CEO of Li-Cycle. They have also founded this company.

As of Dec 31, 2024, the latest employee count at Li-Cycle is 240.

Annual revenue of Li-Cycle is $28M as on Dec 31, 2024.

Li-Cycle was founded in 2016 in Mississauga, Canada, focusing on the battery recycling sector. Technology is provided to extract metals and minerals, including lithium, copper, and cobalt, from lithium-ion batteries. Automated equipment is employed in operations, which requires less energy and presents lower explosion risks than conventional recycling methods. The platform supports sustainable resource recovery in the energy storage industry.

Li-Cycle's top competitors include Attero, Lohum and SiTration.

Li-Cycle offers Spoke & Hub Technologies, Battery Recycling Service, and Lithium Carbonate Production.

Yes, Li-Cycle is publicly traded on OTC under the ticker symbol LICYQ.

Li-Cycle has 5 investors. Key investors include Glencore, LG Chem, LG Energy Solution, Koch Industries, and Bioindustrial Innovation Canada.

The ticker symbol of Li-Cycle is LICYQ on OTC.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available