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

Green Car Congress

Canada-based Mangrove Lithium closed a $3-million financing from BDC Capital’s Cleantech Practice. The platform technology is also being commercialized for conversion of waste brines to chemicals and desalinated water. Mangrove is the developer of a modular platform for the cost-effective production of battery-grade lithium hydroxide.

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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 feasibility study demonstrates that the First Cobalt Refinery project can become a viable, globally competitive player in the North American and European electric vehicle (EV) supply chain. The study reinforces the strength of First Cobalt’s business strategy for a rapidly evolving EV market that is heavily dependent on supply from China.

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

Baua Electric

Neuron Energy has fostered a longstanding partnership with 3EV for the past 30 months, supplying over a thousand battery packs currently operational in their fleet across multiple cities. 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.