About Solveteq
Solveteq is a company based in East Preston (United Kingdom) founded in 2021 by A K Ola Hekselman and David Payne. Solveteq has raised $328.03 thousand across 2 funding rounds. Solveteq offers products and services including Metal Extraction and Recovery and R&D Support. Solveteq operates in a competitive market with competitors including Li Industries, Altilium, POEN, Circu Li-Ion and Novocycle, among others.
- Headquarter East Preston, United Kingdom
- Founders A K Ola Hekselman, David Payne
- Stage Minicorn
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Sectors
EnvironmentEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Solveteq Ltd
- Date of Incorporation 10 Mar, 2020
- Jurisdiction EAST PRESTON, WEST SUSSEX, ENGLAND
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$328.03 K (USD)
in 2 rounds
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Latest Funding Round
$95.84 K (USD), Seed
Apr 28, 2022
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Investors
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Employee Count
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Products & Services of Solveteq
Solveteq offers a comprehensive portfolio of products and services, including Metal Extraction and Recovery and R&D Support.
Licenses technology for efficient, low-emission metal extraction processes.
Provides research assistance for recycling companies to enhance sustainability.
Funding Insights of Solveteq
Solveteq has successfully raised a total of $328.03K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $95.84 thousand completed in April 2022. 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.
Investments & Acquisitions by Solveteq
Investment portfolio details for Solveteq
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Financial Statements - Solveteq
Detailed financials for Solveteq
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Solveteq Comparisons
Peer comparison for Solveteq
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Competitors of Solveteq
Solveteq 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 Li Industries, Altilium, POEN, Circu Li-Ion and Novocycle, among others.
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Lithium-ion battery recycling
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Recycled EV battery materials are developed for automotive applications.
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Batteries are manufactured through reuse of discarded and used materials.
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Provider of the upcycling process to extract and diagnose lithiumion battery cells
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Battery recycling technologies are developed for lithium-ion energy storage.
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Recycling solution for discarded batteries
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Detailed competitors of Solveteq
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Latest news on Solveteq
Complete news archive for Solveteq
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Frequently Asked Questions about Solveteq
Solveteq was founded in 2021.
Solveteq is headquartered in East Preston, United Kingdom. It is registered at East Preston, West Sussex, United Kingdom.
A K Ola Hekselman is the current CEO of Solveteq. They have also founded this company.
Solveteq is a funded company, having raised a total of $328.03K across 2 funding rounds to date.
Solveteq was founded in 2021 and is based in East Preston, United Kingdom. Operations focus on the recycling of lead-acid batteries through the application of Deep Eutectic Solvents, which facilitate the recovery of materials while CO2 emissions and other environmental pollutants are reduced. This approach is employed in the environmental technology sector to address compliance costs associated with battery waste management.
Solveteq's top competitors include Li Industries, Altilium and POEN.
Solveteq offers Metal Extraction and Recovery and R&D Support.
The valuation of Solveteq is $2.26M as of Apr 2022.