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AmpCycle
India · Climate tech
AmpCycle recovers lithium, cobalt and nickel from used lithium-ion batteries through an electro-extraction process.
Product
AmpCycle develops lithium-ion battery recycling technology for manufacturers, original equipment manufacturers and waste management companies. The Pune-based business works with batteries from electric vehicles, consumer electronics and industrial equipment.
Material recovery
Its process combines battery discharge, electro-extraction and pH-optimized solvents to recover materials including lithium, cobalt and nickel. The recovered metals can return to battery and industrial supply chains.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| FICCI–Mercedes-Benz cash award | ₹3M | Participants not disclosed |