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BatX Energies is a green technology company based in Gurugram, India, that recycles depleted lithium-ion batteries to extract critical materials and refurbishes used electric vehicle batteries for secondary energy storage systems. The organization operates a commercial recycling facility in Sikandrabad, Uttar Pradesh, utilizing regional infrastructure to recover battery metals like lithium, cobalt, nickel, and manganese for reintegration into the manufacturing supply chain. Its primary B2B clients include electric vehicle original equipment manufacturers, battery cell producers, and consumer electronics companies operating within the clean mobility and renewable energy sectors. The enterprise has raised a total of $5 million in Pre-Series A funding through a December 2023 financing round led by Zephyr Peacock India, with additional equity participation from LetsVenture and JITO Angel Network. BatX Energies was founded in 2020 by Utkarsh Singh and Vikrant Singh.
BatX Energies has raised $6.6M across 2 funding rounds.
BatX Energies has raised $6.6M in total across 2 funding rounds.
BatX Energies has raised $6.6M across 2 funding rounds. Most recently, it raised $5.0M Pre-Series A in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 20, 2023 | $5M Seed Plus | Pankaj Raina | BluSmart, Excel Industries, Jito Angel Network, Mankind Pharma | Announced |
| Jun 24, 2022 | $1.6M Seed | Sunilkumar (singhvi) | Anmol Singh Jaggi, Rohit Chanana, Haldiram's Family Office, Kamaljyot Investments | Announced |
BatX Energies has raised $6.6M in total across 2 funding rounds.
BatX Energies's investors include Pankaj Raina, BluSmart, Excel Industries, JITO Angel Network, Mankind Pharma, SunilKumar (Singhvi), Anmol Singh Jaggi, Rohit Chanana, Haldiram's Family Office, Kamaljyot Investments.
