Green Li-ion receives funding to boost battery rejuvenation technology
The Australian clean-tech company's process recovers valuable materials from lithium-ion battery waste
Founder of VGW, Laurence Escalante, has just made a strategic bridge funding round for Green Li-ion, an Australian clean-tech innovator transforming the battery recycling sector.
The round allows Green Li-ion to accelerate the scale-up of its breakthrough battery rejuvenation technology as global demand for sustainable sources of critical materials reaches new heights.
The investment comes at a crucial time. With the U.S. moving to restrict imports of key battery metals, Green Li-ion's patented technology is positioned to help North America reshore refined cathode material production.
Green Li-ion leads the way in battery rejuvenation
Green Li-ion's proprietary process delivers up to a 90 percent reduction in carbon emissions compared to traditional mining, pushing possibilities in the fast-growing "urban mining" industry. Initially developed at its Geelong technology centre, the company has scaled to six operational facilities across the globe.
The investment from Escalante underscores growing confidence in vital Australian-developed clean-tech and demonstrates his support for global decarbonisation efforts. As governments and industries transition to net-zero, Green Li-ion's innovation offers a critical advantage — combining performance and sustainability at scale.
Green Li-ion holds 87 patents and continues to revolutionize the energy storage industry with world-first technology that fully remanufactures spent lithium-ion batteries and battery waste.
"Our world-first technology redefines how we source critical minerals," said Leon Farrant, CEO and founder of Green Li-ion. "By recovering valuable materials from battery waste, we're significantly reducing the environmental cost compared to extracting the same volume of minerals from the earth."
