Every round on record, with the sources behind each and the investors on them.
A material security company focused on recycling lithium iron phosphate (LFP) batteries
neumaterials.comLinkedInSingaporeEnergyFounded 2021
5 sources
The company release fixes the announcement date as October 12, while another republished version and later articles use October 13; the company release therefore wins.
1 source
The source also mentions “other angel investors” but does not name them.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Funding round | $7.6M | 2026-10-12 | Shift4Good, SGInnovate (Singapore) | 3 outlets. #12 in Trending |
5 sources [ VERIFIED ] read against 4 of 5 sources The company release fixes the announcement date as October 12, while another republished version and later articles use October 13; the company release therefore wins. | ||||
NEU Battery Materials recycles lithium iron phosphate (LFP) battery scrap and end-of-life black mass into battery-grade lithium for battery manufacturers and the wider EV and energy-storage value chain.
LFP now accounts for over 90% of battery energy-storage systems and over 55% of EV batteries, but spent LFP has little precious-metal value, making a scalable and economical recycling route important for critical-lithium supply. NEU says its electricity-and-water-driven process uses regenerative chemicals and can cut emissions by up to 83%; its new 1,300-ton-per-year Singapore factory and US$7.6 million round are the bet that this niche can move from pilot technology to industrial scale-up.
| Seed Seed Funding Round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $3.7M | 2023-07-05 | SGInnovate (Singapore) | No recent discussion |
1 source [ VERIFIED ] read against 1 source
The source also mentions “other angel investors” but does not name them. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: prnewswire.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 source·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
Checked against 10 sources today
Also named as backers in company research: Momentum Venture Capital, Se-cure Waste Management, NUS Graduate Research Innovation Programme (GRIP)