SynopsisBatX Energies has secured Rs 105 crore in a funding round led by IvyCap Ventures, with participation from existing investors. The startup said that the fresh capital will be used to strengthen research and development, scale recycling and refining operations, and build a domestic supply chain for critical minerals such as lithium, cobalt, nickel and graphite.BatX Energies, a battery recycling startup, has raised Rs 105 crore in a funding round led by IvyCap Ventures. The funding round also saw participation from existing investors Zephyr Peacock, Mankind Pharma Family Office, Excel Industries Family Office, and JITO (Jain International Trade Organisation). BatX Energies is looking to expand its recycling and refining capacity amid growing demand for critical battery materials in the wake of India'sNow Playing
Battery recycler BatX Energies raises Rs 105 crore from IvyCap Ventures, others - The Economic Times
BatX Energies has secured Rs 105 crore in a funding round led by IvyCap Ventures, with participation from existing investors. The startup said that the fresh capital will be used to strengthen research and development, scale recycling and refining operations, and build a domestic supply chain for critical minerals such as lithium, cobalt, nickel and graphite.
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