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$631.05M Raised in 57 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Princeton NuEnergy

start up
United States - Bordentown, New Jersey
  • 07/11/2023
  • Series A
  • $16,000,000

Princeton NuEnergy Inc. (PNE) is an innovative U.S.-based clean-tech company, spun out from Princeton University in 2019, and reaching commercial production in 2023. We are revolutionizing the material supply chain with our patented low-cost process for producing high-quality cathode active materials from spent lithium-ion batteries.
We recycle lithium-ion batteries from electric vehicles, consumer electronics, energy storage batteries, and manufacturing scrap.
Our primary product: directly re-usable Cathode and Anode materials at 99.99% purity – produced at half the cost of virgin material production with zero waste!


Related People

Chao YanFounder

Chao Yan United States - Princeton, New Jersey

Founder and entrepreneur.
Interested in lithium ion batteries recycling, energy storage, climate tech and AI.