About Li-Cycle
Li-Cycle is a publicly listed company based in Mississauga (Canada) founded in 2016 by Tim Johnston and Ajay Kochhar. Lithium-ion battery recycling technology is developed by Li-Cycle. The company has 240 employees. Its chief executive, as recorded, is Ajay Kochhar. Li-Cycle offers products and services including Spoke & Hub Technologies, Battery Recycling Service, and Lithium Carbonate Production. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Technology Providers. Its legal entity is LI-CYCLE INC.
Company details
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.
- Headquarters Mississauga, Canada
- Employees 240
- Founders Tim Johnston, Ajay Kochhar
- Stage Public
- SectorsEnvironment
- Email••••••••
- Website li-cycle.com
- Social LinkedIn X Facebook Instagram
- Legal Name Li-Cycle Holdings Corp.
- Annual Revenue$28 M (USD)53.01as on Dec 31, 2024
- Net Profit-$137.7 M (USD)0.22as on Dec 31, 2024
- EBITDA-$98.1 M (USD)34.99as on Dec 31, 2024
- Latest Funding Round$75M (USD), Post-IPO
Mar 2024
- InvestorsGlencore
& 4 more
- Employee Count240
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.
Processes lithium-ion batteries to recover up to 95% of materials
Handles end-of-life and defective batteries for material reuse
Produces high-quality materials for battery supply chains
Funding Insights of Li-Cycle
- Total Rounds 6
- Last Round Post-IPO — $75M
- Investors Count 5
All 6 funding rounds of Li-Cycle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $75M | Post-IPO | – | – | |
| May 2022 | $200M | Post-IPO | – | – | |
| Dec 2021 | $50.6M | Post-IPO | – | – | |
| Sep 2021 | $100M | Post-IPO | – | – | |
| Nov 2020 | Series C | – | – | – | |
| Mar 2018 | Seed | – | Bioindustrial Innovation Canada | – |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Support is provided for sustainable technology commercialization in Canada. | 2008 | bincanada.ca | Sarnia, Canada | |
Metals and minerals are produced and supplied worldwide. | 1974 | glencore.com | Baar, Switzerland | |
Manufacturer and supplier of automotive battery to OEMs | 1947 | lgchem.com | Seoul, South Korea | |
Lithium-ion batteries for various electric vehicle categories are manufactured. | 2020 | lgensol.com | Seoul, South Korea | |
Diversified operations in oil, gas, manufacturing, and investments are conducted. | 1940 | kochind.com | Wichita, United States |
Investor details for Li-Cycle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Li-Cycle
33 people are tracked at Li-Cycle (18 in leadership, 5 in board & advisors, 10 in team); the tracked headcount is 240.
| Name | Role | Group |
|---|---|---|
Tim Johnston | Co-Founder & Advisor | Leadership |
Ajay Kochhar | Co-Founder, President & CEO | Leadership |
Mike Robinette | VP Spoke Operations, Americas | Leadership |
Antoine Emanuel | Vice President Of Supply Chain | Leadership |
Debbie Simpson | Chief Financial Officer | Leadership |
Alan Ferguson | Commercial Vp, Battery Supply - North America | Leadership |
Tom W. | Global Product Director | Leadership |
Alexander Karis | Director, Corporate Development | Leadership |
Lindsay Newton | VP Corporate Controller | Leadership |
Krista Sohaj | Vice President, Business Finance & Procurement | Leadership |
Jens Emrich | Director, Financial Decision Support & Insight - EMEA | Leadership |
Harry Kumar | Director Of Government Relations | Leadership |
Bozena Gruzd | Director, HR Business Partner - EMEA | Leadership |
Jean Massey | Senior Human Resources Business Partner | Leadership |
Walter Farag | Vice President, Treasurer | Leadership |
Christine Barwell | Chief Human Resources Officer | Leadership |
Belinda Gonzalez | Director HR & Employee Experience | Leadership |
George Wu | Vp, General Manager - Singapore | Leadership |
Mark Wellings | Lead Director | Board & advisors |
Anthony Tse | Director | Board & advisors |
13 more people are available in the full profile.
Complete people profiles for Li-Cycle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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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.
- IPO date11 Aug 2021
- Listed onNYSE: LICY
- Listed entityLi-Cycle Holdings Corp.
- Exchange sectorDistribution services
- ISINCA50202P2044
- Share price$0.00 · 2026-10-13
- Market capitalisation$45.00
- Volume (last session)2,143
Financials of Li-Cycle
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | $28.0M | -$137.7M | -$98.1M |
| 2023 | $18.3M | -$138.0M | -$150.9M |
| 2022 | $13.4M | -$53.6M | -$101.1M |
| 2021 | $7.4M | -$226.6M | -$29.0M |
Detailed financial statements for Li-Cycle
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Li-Cycle
4 dated milestones of Li-Cycle across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Li-Cycle is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $75.0M.
Web traffic of Li-Cycle
The website of Li-Cycle (li-cycle.com) receives about 6.6K visits a month.
- Monthly visits6.6K
▲ 41.4% vs previous month
Websites whose visitors overlap most with Li-Cycle. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rhenus.group | 100% | 163K | #223,499 | View details |
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Related news about Li-Cycle
Complete news archive for Li-Cycle
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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 CEO of Li-Cycle, as recorded in our data. They have also founded this company.
Li-Cycle has 240 employees.
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 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.
Li-Cycle operates through Li-Cycle Inc.