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§ Private Profile · Singapore, Central Region, Singapore
Battery recycling technology platform for lead-acid and lithium-ion batteries. Emission-free facilities recover valuable materials.
Founded in 2019 by Nishchay Chadha and Dr. Vipin Tyagi, Ace Green Recycling, based in Houston, Texas, operates a sustainable technology platform that processes lead acid and lithium ion batteries using modular, fully electrified facilities. The company generates revenue by operating direct recycling plants across North America, Europe, and Asia, while licensing its proprietary technology and equipment to third parties. To ensure supply chain validation, the enterprise secured a fifteen year offtake agreement with global commodities trader Glencore and recently formed strategic partnerships with EV battery maker Spiro. Backed by investors including Circulate Capital and the Claude Dauphin Family Office, the company reached a $250 million equity valuation during its December 2024 merger announcement with Athena Technology Acquisition Corp. II. The organization employs over 40 technologists and recycling experts to support its expanding global infrastructure.
Ace Green Recycling has raised $7.0M across 1 funding round.
Ace Green Recycling has raised $7.0M in total across 1 funding round.
Ace Green Recycling has raised $7.0M in total across 1 funding round.
Ace Green Recycling's investors include Circulate Capital, Ben Thomson, Julian Gonzalez, Navneet Chadha, Raoul Bajaj, Simon Collins, Zal Devitre, Sumeet Singh.
Ace Green Recycling has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Pre-Series A in June 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 27, 2022 | $7M Seed Plus | Circulate Capital | BEN Thomson, Julian Gonzalez, Navneet Chadha, Raoul Bajaj, Simon Collins, ZAL Devitre, Sumeet Singh | Announced |