
Licovolt™
Innovative chemical process for cost-effective and eco-friendly extraction of critical minerals from spent batteries.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | N/A | N/A | Seed |
Total Funding | 000k |
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Licovolt is a pioneering company in the field of battery recycling, leveraging a novel chemical compound and process to extract lithium, cobalt, nickel, and manganese from spent battery materials. This innovative technology significantly reduces the cost and emissions associated with traditional extraction methods, promoting the infinite recycling of these critical minerals. Licovolt primarily serves global battery recycling companies and aims to establish joint development agreements with key industry partners and original equipment manufacturers (OEMs). Operating in the battery recycling and critical minerals market, Licovolt's business model revolves around licensing its patented technology and forming strategic partnerships. The company generates revenue through licensing fees and collaborative agreements. With the increasing demand for sustainable battery solutions and regulatory incentives in the US and EU, Licovolt is well-positioned to capitalize on the growing market for recycled battery materials.
Keywords: battery recycling, critical minerals, lithium extraction, cobalt extraction, nickel extraction, manganese extraction, eco-friendly, cost-effective, patented technology, strategic partnerships.