Tech Company Financing Transactions
Princeton NuEnergy Funding Round
Wistron, Greenland Technologies and GS Futures participated in a $16 million Series A capital raise for Princeton NuEnergy. This venture round was announced on 11/6/2023.
Transaction Overview
Company Name
Announced On
11/6/2023
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds for new recycling facility construction and equipment procurement to further increase processing capacity and support company operations.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
EcoComplex 1200 Florence Columbus Rd.
Bordentown, NJ 08505
USA
Bordentown, NJ 08505
USA
Phone
Undisclosed
Website
Email Address
Overview
Princeton NuEnergy ("PNE") is an innovative clean-tech startup company spun out from Princeton University in 2019 focused on the direct recycling of lithium-ion batteries (LIBs) from electric vehicles (EVs) and consumer electronics.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chao Yan
Chief Operating Officer
Peng Zhao
Chief Scientific Officer
Stephen Snyder
Chief Technical Officer
Xiaofang Yang
VP - Engineering
Andy Zhang
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