Novocycle Technologies
Sacramento
About Novocycle Technologies
Novocycle Technologies is bringing true circularity to the growing battery market. With its innovative and patented NovoRec Process, Novocycle is recycling Lithium-Ion Batteries without shredding or crushing them, avoiding the production of black mass and directly obtaining reusable active materials in battery grade. With an amazing recovery efficiency of 96% of the solid materials within the overall battery, Novocycle surpasses all upcoming targets of the EU Battery Regulations for recycling efficiency and recycled content in new batteries. All of this is realized in an economic feasible way, by decentralized micro facilities and a revenue sharing operation model for feedstock providers.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Total funding: $4.4M
- Funding stage: Seed
- Last round: Seed (Apr 2024)
- Website: novocycle.com
- Phone: [email protected]
Industries & Categories
Battery, CleanTech, Energy Storage, Recycling
Social Profiles
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