As demand for lithium explodes, battery recycling startup Tozero sprints to scale with $11.7M seed

Tozero, a Munich-based startup that recovers valuable raw materials from recycled lithium-ion batteries, is gearing up to scale. The startup just closed an oversubscribed €11 million seed round (around $11.7M) to step up production by building its first industrial deployment (A.K.A first-of-a-kind or FOAK) plant. Currently, Tozero’s pilot plant processes nine tonnes of lithium-ion battery […] © 2024 TechCrunch. All rights reserved. For personal use only.