Cyclewell, the leading manufacturer of intelligent lithium battery recovery equipment, has secured over 100 million RMB in Series A financing. This round was co-led by Glory Ventures and Korea SV Investment.
Cyclewell is devoted to the research and development of environmentally friendly recycling processes and equipment for lithium batteries. With more than 10 years of experience and expertise in lithium battery recycling, and over 100,000 tons of battery recycling technology, the team is well-equipped to lead the industry.
The company boasts a suite of technologies and equipment designed to ensure safe, efficient, and sustainable battery recycling. These include:
1.Safe battery discharging
2.Intelligent battery cell disassembly
3.In-situ pyrolysis of organics
4.Efficient material separation
5.Selective lithium extraction
6.Recovery of valuable metals such as nickel, cobalt, and manganese
7.Zero wastewater discharge