EcoNiLi buys, recycles and refines spent lithium-ion batteries and black mass into recovered battery metals for OEMs, collectors, recyclers and battery manufacturers.

Founders

• Dr. Jayden Goh · Founder and CEO
  Before founding EcoNiLi, he co-founded Anhua Taisen Recycling Technology Co Ltd in 2014 and studied for an MBA in Entrepreneurship at the University of Technology Malaysia.

Business model

EcoNiLi buys spent batteries and black mass from suppliers, processes and refines them into recovered metals and battery materials, and sells those outputs to customers.

Total raised

RM8 million ($1.96 million) · as its sources put it, more than the rounds on record