Tech Company Financing Transactions
Princeton NuEnergy Funding Round
SCGC Capital and Tech Council Ventures joined a $10.3 million Series A funding round for Princeton NuEnergy. The round was recorded on 5/13/2024.
Transaction Overview
Company Name
Announced On
5/13/2024
Transaction Type
Venture Equity
Amount
$10,300,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to support the construction of an Advanced Black Mass and Cathode Manufacturing Center in the heart of the southeastern U.S. 'battery belt'.
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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