BATX Energies
Develops Green Tech Solutions which empowers the Global Clean Energy Transition creating a Circular Economy.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | $5.0m | Seed | |
| Total Funding | 000k | ||
BatX Energies Pvt. Ltd. is a startup that operates in the sustainable energy sector, with a focus on recycling end-of-life Lithium Ion Batteries. The company's mission is to create a sustainable and eco-friendly energy source, aligning with international climate goals and circular economy initiatives.
The business model of BatX Energies is centered around its proprietary Net Zero Waste, Zero Emissions process. This process allows the company to recycle used Lithium-ion batteries from around the world, extracting valuable materials such as Lithium, Nickel, Cobalt, and Manganese with less than 1% impurities. These materials are then used in the construction of new Lithium-ion cells.
In addition to these primary products, BatX Energies also produces secondary products like high-grade Plastic, Aluminium, Copper, and Stainless Steel, which are sold to other recyclers. This recycling process not only reduces the dependence on mining but also reintroduces these otherwise wasted resources into the market, contributing to a sustainable circular economy.
The company operates in a market with a growing demand for Lithium-ion battery materials, which is expected to reach 7.5 million metric tonnes by 2030. This demand, coupled with the shortages of Rare Earth metals, presents a significant opportunity for BatX Energies.
The company's clients are primarily manufacturers of electric vehicles and other industries that require Lithium-ion batteries. By providing a sustainable source of battery-grade materials, BatX Energies is helping these industries reduce their environmental impact and achieve their sustainability goals.
Keywords: Sustainable Energy, Lithium Ion Batteries, Recycling, Circular Economy, Net Zero Waste, Zero Emissions, Battery-grade Materials, Electric Vehicles, Rare Earth Metals, Sustainability Goals.