The Luxembourg Institute of Science and Technology (LIST) is coordinating a Horizon Europe project worth more than €5 million to develop innovative tools and methods to enable better, safer and recyclable lithium-ion batteries
Luxembourg is presented with a unique opportunity to foster innovation and collaboration in the field of lithium battery production. By uniting the expertise of two promising companies,
Circu Li-ion, a European battery upcycling company with a mission to save the planet by boosting the value of each battery, announced it has raised €8.5 million in a seed round. The recent funding includes €4.5 million in equity, which was led by BonVenture and saw additional backing from an undisclosed group of battery, AI, and industry
As the winner of Amazon''s Sustainability Accelerator in the Circular Economy cohort, Luxembourg battery upcycling startup Circu Li-ion will initially pilot its solution with Amazon for 6 months before earning the chance at wider partnerships and potential investments.
Univar Solutions supports the battery manufacturing industry''s growth and innovation by providing high-quality chemical distribution services. Modern advances in battery innovation include the
Technology company Lyten will receive €15 million in public funding from Luxembourg as it prepares to set up its European research and development headquarters in Luxembourg, the government confirmed on Thursday.
"We are researching solutions for avoiding all use of cobalt and harmful solvents," explains Mr Ayman. "We are also working on the design of the battery to make it fully recyclable. Our objective is to recycle electric vehicle batteries that have been used for 10 years or so and refit them for storing electricity from wind or solar farms.
At present, the EU has no capacity for the mass production of battery cells. It relies on foreign, primarily Asian, suppliers. The partnership with XNRGI confirms LIST''s credibility and, even more, that of Luxembourg, in the world of cellular battery research.
The Luxembourg Institute of Science and Technology (LIST) has announced that it is coordinating a Horizon Europe project worth more than €5 million to develop innovative tools and methods to enable better, safer and recyclable lithium-ion (Li-ion) batteries.
Founded in 2021, Circu Li-ion makes it possible to extend the life of batteries by replacing only those parts of the battery that are damaged. This is done by analysing the battery cells one by one and then reassembling them.
Circu Li-ion, a European battery upcycling company with a mission to save the planet by boosting the value of each battery, announced it has raised €8.5 million in a seed
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