Princeton NuEnergy is a clean-tech startup founded with the mission to revolutionize the recycling of lithium-ion batteries from electric vehicles and consumer electronics. The company aims to create a sustainable, circular supply chain by utilizing its patented Direct Battery Recycling technology. This innovative process produces high-quality cathode active materials at low operating costs, addressing the growing concerns over battery supply and materials availability as electric vehicle adoption accelerates.
Notable affiliated individuals include experts in battery technology and environmental sustainability, though specific names are not provided. Princeton NuEnergy has garnered attention for its potential to mitigate supply chain bottlenecks in the electric vehicle industry. Its key achievements include the development and patenting of a cost-effective recycling technology that contributes to sustainable energy solutions. The overall impact of Princeton NuEnergy lies in its ability to provide high-value materials while promoting environmental stewardship.
Princeton NuEnergy - Similar Organizations
Princeton NuEnergy - Quick Facts
What organizations are similar to Princeton NuEnergy?
Organizations similar to Princeton NuEnergy include Niocycle, Novivolt, Blue Whale Materials and Li Industries.
When was Princeton NuEnergy founded?
Princeton NuEnergy was founded in 2019.
Where is Princeton NuEnergy's headquarters located?
Princeton NuEnergy's headquarters is located in Bordentown, NJ, US.
When was Princeton NuEnergy's last funding round?
Princeton NuEnergy's most recent funding round was for $16M (USD) in November 2023.
How much has Princeton NuEnergy raised to-date?
As of Nov 6, 2023, Princeton NuEnergy has raised a total of $41.8M (USD).
How many employees does Princeton NuEnergy have?
Princeton NuEnergy has 27 employees as of Feb 5, 2024.
Princeton NuEnergy - Classification
- Ownership
- Technology
- Geographic Exposure
- Global
- Customer
- Main Product
- Tags
- NAICS
- 813000Religious, Grantmaking, Civic, Professional, and Similar Organizations
- 813300Social Advocacy Organizations
- 813310Social Advocacy Organizations
- 813312Environment, Conservation and Wildlife Organizations
- 810000Other Services (except Public Administration)
- SIC
- 4900Electric, Gas, And Sanitary Services
- 4950Sanitary Services
- 4952Sewerage Systems
Show 11 more industry codes
- NAICS
- 220000Utilities
- 221000Utilities
- 221300Water, Sewage and Other Systems
- 221320Sewage Treatment Facilities
- 423000Merchant Wholesalers, Durable Goods
- 423900Miscellaneous Durable Goods Merchant Wholesalers
- 423930Recyclable Material Merchant Wholesalers
- 420000Wholesale Trade
- SIC
- 8390Social Services, Not Elsewhere Classified
- 8300Social Services
- 8399Social Services, Not Elsewhere Classified