About Redux
Redux is a company based in Offenbach (Germany) founded in 1997 was acquired by Redwood Materials in September 2023. It operates as a Managed Services and Circular Economy. The company has 87 employees as of December 31, 2021. Redux offers products and services including Battery Recycling. Redux operates in a competitive market with competitors including tozero, Circunomics, Spiers New Technologies, PowerTech Water and AkkuSer, among others.
- Headquarter Offenbach, Germany
- Employees 87 as on 31 Dec, 2021
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Sectors
Environment
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Email
Locked
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Phone
Locked
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Website
Locked
- Legal Name Redux Recycling Gmbh
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Annual Revenue
$7.23 M (USD)-98as on Dec 31, 2022
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Net Profit
-$2.6 M (USD)47as on Dec 31, 2022
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EBITDA
-$1.72 M (USD)57as on Dec 31, 2022
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Latest Funding Round
$940.4 K (USD), Grant
Jun 07, 2022
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Investors
Redwood Materials
& 1 more
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Employee Count
87
as on Dec 31, 2021
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Acquired by
Redwood Materials
(Sep 19, 2023)
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Products & Services of Redux
Redux offers a comprehensive portfolio of products and services, including Battery Recycling.
Lithium-ion batteries are recycled with advanced technology.
Funding Insights of Redux
Investors in Redux
Redux has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Redwood Materials and European Union.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Used battery packs are repurposed for modular energy storage systems.
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Investor details for Redux
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Investments & Acquisitions by Redux
Investment portfolio details for Redux
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Financial Statements - Redux
Detailed financials for Redux
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Redux Comparisons
Peer comparison for Redux
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Competitors of Redux
Redux 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 tozero, Circunomics, Spiers New Technologies, PowerTech Water and AkkuSer, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Provider of lithium-ion battery recycling solutions
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Waste management services for electric vehicle batteries are provided.
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Advanced battery packs for electric vehicles are repaired and repurposed.
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| Locked | Locked | Locked |
Provider of technology solutions for wastewater treatment
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Portable battery recycling company
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Detailed competitors of Redux
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Latest news on Redux
Complete news archive for Redux
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Frequently Asked Questions about Redux
Redux was founded in 1997 and raised its 1st funding round 25 years after it was founded.
Redux is headquartered in Offenbach, Germany. It is registered at Offenbach, Hessen, Germany.
Holger Kuhlmann is the current CEO of Redux.
As of Dec 31, 2021, the latest employee count at Redux is 87.
Annual revenue of Redux is $7.23M as on Dec 31, 2022.
Lithium-ion batteries and related waste are recycled by Redux using advanced technology. Operations focus on the battery value chain, from production waste to end-of-life batteries. High recovery rates of up to 95 for metals are achieved. A commitment to a circular economy is maintained, promoting resource conservation. Services include safe transport, storage, and processing in multiple stages. The environment sector is primarily served, contributing to sustainable waste management solutions.
Redux's top competitors include Circunomics, tozero and PowerTech Water.
Redux offers Battery Recycling.
Redux has 2 investors. Key investors include Redwood Materials, and European Union.