About SiTration
SiTration is a company based in Cambridge (United States) founded in 2020 by Brendan Smith and Jeffrey Grossman.. SiTration has raised $17.4 million across 7 funding rounds from investors including BHP, 2150 and Extantia. SiTration operates in a competitive market with competitors including Lohum, Attero, Li-Cycle, Green Li-ion and Cylib, among others.
- Headquarter Cambridge, United States
- Founders Brendan Smith, Jeffrey Grossman
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Sectors
Environment
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.4 M (USD)
in 7 rounds
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Latest Funding Round
$3 M (USD), Seed
Jun 26, 2025
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Investors
BHP
& 8 more
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Employee Count
Employee Count
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Leadership Team
2 people
Operations Team
1 people
Strategic Team
1 people
Software Development Team
1 people
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Funding Insights of SiTration
SiTration has successfully raised a total of $17.4M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in June 2025. 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 7
- Last Round Seed — $3.0M
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First Round
First Round
(16 Nov 2020)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Seed - SiTration | Valuation |
investors |
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| May, 2024 | Amount | Seed - SiTration | Valuation | 2150.VC | |
| Mar, 2022 | Amount | Seed - SiTration | Valuation | Azolla Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SiTration
SiTration has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include BHP, 2150 and Extantia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is provided for urban tech sustainability solutions.
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Founded Year | Domain | Location | |
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Extantia is focused on investing in climate technology pioneers.
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Founded Year | Domain | Location | |
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Investments are directed by E14 Fund toward early-stage deeptech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SiTration
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SiTration
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sitration Comparisons
Competitors of SiTration
SiTration 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 Lohum, Attero, Li-Cycle, Green Li-ion and Cylib, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining
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| domain | founded_year | HQ Location |
Tech-based solid waste management and recycling solutions are provided.
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| domain | founded_year | HQ Location |
Lithium-ion battery recycling technology is developed by Li-Cycle.
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| domain | founded_year | HQ Location |
Spent lithium-ion batteries are recycled into cathode and anode materials.
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| domain | founded_year | HQ Location |
Valuable materials from batteries are recycled sustainably.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sitration
Frequently Asked Questions about SiTration
When was SiTration founded?
SiTration was founded in 2020.
Where is SiTration located?
SiTration is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of SiTration?
Brendan Smith is the current CEO of SiTration. They have also founded this company.
Is SiTration a funded company?
SiTration is a funded company, having raised a total of $17.4M across 7 funding rounds to date. The company's 1st funding round was a Seed of $2.53M, raised on Nov 16, 2020.
What does SiTration do?
SiTration was established in 2020 in Cambridge, United States, as a provider of battery recycling solutions. Ultra filtration technology is utilized by the company to process and recover materials from batteries. Operations focus on sustainable recycling methods within the energy storage sector. Key leadership includes co-founders Brendan Smith as CEO and Jeffrey Grossman. The companys domain is sitration.com.
Who are the top competitors of SiTration?
Who are SiTration's investors?
SiTration has 9 investors. Key investors include BHP, 2150, Extantia, Azolla Ventures, and E14 Fund.
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