Econili secures funding from Vynn Capital, bringing total raised to US$1.96 million. The Malaysia-based battery recycler will use capital to increase processing throughput at its Perak facilities.
Amount Raised
$1.96 Million
Round Type
Seed
IpohManufacturingEnergyRenewable EnergyInvestors
Description
Econili Battery New Energy, Malaysia's largest lithium-ion battery recycler, has secured new funding from Vynn Capital. The investment brings the company's total capital raised to RM8 million (US$1.96 million). Vynn Capital's investment will fund additional battery feedstock to increase processing throughput at existing recycling facilities in Perak. Econili operates facilities with annual treatment capacity of 24,000 metric tonnes for batteries and 12,000 metric tonnes for critical mineral recovery.
Quick answer
Econili Battery New Energy raised $1.96 Million in a Seed round, dated November 3, 2026. Investors: Vynn Capital. Econili Battery New Energy is based in Ipoh, Perak, Malaysia.
- How much did Econili Battery New Energy raise?
- Econili Battery New Energy raised $1.96 Million in a Seed round on November 3, 2026.
- Who invested in Econili Battery New Energy?
- Vynn Capital is named as investors in this round.
- What does Econili Battery New Energy do?
- Econili Battery New Energy is Malaysia's largest lithium-ion battery recycler and the country's first licensed mineral recovery plant.
- Where is Econili Battery New Energy based and how big is it?
- Econili Battery New Energy is based in Ipoh, Perak, Malaysia. Fundz records about 10 employees.
- Who are the decision-makers at Econili Battery New Energy?
- Fundz holds 1 contact at Econili Battery New Energy, including the Vice President of Global Business Development, Marketing, and Sustainability. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Econili Battery New Energy that raised within 45 days of this round, from Fundz verified event records.
- Coreshell raised $30M (Series B) on November 11, 2026.
- SolidUltra raised $3.3M (Seed) on November 9, 2026.
- GraphEnergyTech raised $4M (Seed) on November 6, 2026.
- High Energy Digital Manufacturing raised $15M (Series B) on November 5, 2026.
- RadianX raised $9M (Seed) on November 5, 2026.
- FluoRok raised $30M (Series A) on November 5, 2026.
Who to call at Econili Battery New Energy, and when
A new round usually means Econili Battery New Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Econili Battery New Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Econili Battery New Energy, from your own LinkedIn network
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