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NEU Battery Materials Raises Pre-Series A Funding to Scale LFP Battery Recycling in Singapore

ENERGY STORAGE

NEU Battery Materials has secured the first close of its Pre-Series A funding round to enhance its lithium iron phosphate (LFP) battery recycling technology in Singapore. Co-led by SGInnovate and Shift4Good, the funding will support the company's expansion to a facility capable of recycling 1,300 tons of LFP materials into battery-grade lithium, reflecting the increasing importance of battery recycling amid rising global energy storage demands.

NEU Battery Materials Raises Pre-Series A Funding to Scale LFP Battery Recycling in Singapore

Jan 10, 2026, 6:06 AM

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