Tech Company Financing Transactions
Tozero Funding Round
NordicNinja VC, Atlantic Labs and In-Q-Tel participated in a $11.7 million Seed funding round for Tozero. The financing was announced on 11/12/2024.
Transaction Overview
Company Name
Announced On
11/12/2024
Transaction Type
Venture Equity
Amount
$11,700,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to build its first industrial deployment plant, often referred to as a First-Of-A-Kind (FOAK) plant, boosting production of recycled lithium following the first commercial delivery in April by its operational Pilot Plant, and expand the team to support its growth plans.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Rosa-Bavarese-Street 3
Munich, 80639
DE
Munich, 80639
DE
Phone
Undisclosed
Website
Email Address
Overview
tozero GmbH is on the mission to challenge the status quo of lithium-ion battery recycling technologies and accelerate the decarbonization efforts.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sarah Fleischer
Chief Technical Officer
Ksenija Neumann
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