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Mangrove raises $3M from BDC Capital to accelerate deployment of battery-grade lithium processing systems

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Canada-based Mangrove Lithium closed a $3-million financing from BDC Capital’s Cleantech Practice. Mangrove’s modular solution can be scaled to any capacity and co-located with upstream lithium producers or cathode and cell manufacturers. Mangrove says that its process recovers more than 90% of the lithium from lithium concentrates.

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ARPA-E awarding $24M to two SCALEUP projects: battery technology and methane detection

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These SCALEUP “Fast-Track” teams, Natron Energy and Bridger Photonics, will receive $19 million and $5 million, respectively, to further their commercialization efforts in sodium-ion battery development and methane detection technologies, respectively. Natron Energy: Domestic Manufacturing of Sodium-Ion Batteries - $19,883,951.

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First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

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The study contemplates expanding the existing facility and adapting it to be North America’s first producer of cobalt sulfate, an essential component in the manufacturing of batteries for electric vehicles. Several EV manufacturers have expressed an interest in purchasing a North American cobalt sulfate. Sodium Treatment.

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Haldor Topsøe acquires 18% of Na-ion battery company Faradion Ltd

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Haldor Topsøe A/S, a global market leader in catalysis and related process technologies, recently acquired 18% of the shares in sodium-ion battery technology company Faradion Ltd, based in Sheffield, UK. Other partners in the investment included Finance Yorkshire’s Seedcorn Fund and Rising Stars Growth Fund II LP.

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Neuron Energy and Urja Mobility join for innovative battery leasing solutions – ET Auto

Baua Electric

New Delhi: Neuron Energy , a leading manufacturer of EV batteries announces its partnership with Urja Mobility , a pioneer in battery leasing for commercial EVs. Backed by Mufin Green Finance Limited, Urja Mobility will purchase advanced high-quality battery packs from Neuron Energy.

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Synthetic biology startup Lygos closes $13M Series A to target oil-based specialty chemical industry

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a bio-based specialty chemicals company, closed $13 million in Series A financing led by IA Ventures and OS Fund. The current process used to produce malonic acid requires sodium cyanide and chloroacetic acid; Lygos’ engineered yeast produces malonic acid from sugar and CO 2. Lygos , Inc., Earlier post.). Earlier post.).

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LanzaTech Pulls in $18M in Series B Funding; Qiming Ventures Leads

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New Zealand-based waste gas and syngas to fuels company LanzaTech ( earlier post ) has attracted US$18 million in Series B financing from investors led by China-focused venture capital firm Qiming Ventures. Dr. Sean Simpson, co-founder of LanzaTech, says the funding will enable LanzaTech to further accelerate commercialization of its process.